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Thread: looking for solutions manual for theory of interest

  1. #1
    Actuary.com - Newbie Poster
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    looking for solutions manual for theory of interest

    I am looking for solutions manual for theory of interest. please let me know if you have a copy of the manual. you can send me an email at [email]indrav@hotmail.com[/email]

  2. #2
    Actuary.com - Level II Poster
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    You should just buy it from Actex. I doubt anyone is willing to part with it for less than 26 dollars.

  3. #3
    Author, Instuctor and Seminar Provider krzysio's Avatar
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    Theory of Interest

    While "Theory of Interest" is the official textbook, studying its exercises is a bad exam strategy. No exam on it, be it exam 140 or exam 2 after 2000 was e v e r related to the exercises in the book. You will be wasting your time. Unless you already did at least three practice exams that look like the real test and you have plenty of time and want to do some exercises to develop your understanding and your intellect.

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    Krzys'
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

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    What do you mean the exams have nothing to do with the exercises? As far as I can tell, the practice tests, ACTEX manual, and the exercises are pretty similiar.

  5. #5
    Author, Instuctor and Seminar Provider krzysio's Avatar
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    Kellison's exercises similar to the exams?

    I disagree with your opinion that Kellison's exercises are similar to the exams. Obviously, people can have different opinions on this, especially in view of the vague meaning of the word "similar". Again, I do not believe that doing the exercises in Kellison's book is a good exam strategy. That's just my opinion.

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    Krzys' Ostaszewski
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  6. #6
    Actuary.com - Level VI Poster
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    Quote Originally Posted by Krieger
    What do you mean the exams have nothing to do with the exercises? As far as I can tell, the practice tests, ACTEX manual, and the exercises are pretty similiar.
    Dr. Ostaszewski has a point that learning straight out of Kellison may not be the most effective way of studying for Exam FM. Kellison's book tends to read like a math book - talking about proven results that lead to others. However, the methods in the book are not always the quickest way to get the answers.

    Also, Kellison's book incorporates the use of interest tables. While it's always nice to know extra information, you will definitely not need to use interest tables on Exam FM - that's what your BA-35/BA-II+ is for.

    In general, it's difficult to study for the preliminary exams from the required textbooks.

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