i really don't know yet (although i'm essentially done the material). it seems to me that the memorization for FM is a lot easier than for P.
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i really don't know yet (although i'm essentially done the material). it seems to me that the memorization for FM is a lot easier than for P.
"i find it hard
to explain
how i got here"
Useful stuff. Although the second example took me a little while to get used to. I've been doing these problems so far the old fashioned way - by applying the quadratic formula. Once I have the quadratic equation I just punch in b^2 - ( 4 * a * c ) then take square root and subtract b / ( 2 * a ) where all the symbols and operations in the expression have corresponding keys on the calculator, but mine only works for quadratic equations. I think I've occasionally encountered non-quadratic polynomials in the problems, but I've been using trial-and-error to solve those, so now I've got something new in my "arsenal" for those types of problems. Thanks! I also get how to use the NPV key now.
"Play the game, Harding. Just play the game." - One Flew Over the Cuckoo's Nest
I think this link might help you.
http://www.actuary.com/actuarial-dis...ead.php?t=5459
ADVERSITY CAUSE SOME MEN TO BREAK,
OTHERS TO BREAK RECORDS.:coolman:
What is messed up about this exam is that one way could be quicker than another. For instance if you get IRR=0 then you just wasted your time. If you rely to much on way to solve things it can hurt you. Be careful not to get stuck using it all the time.
I also just found the bond worksheet on the BA-II Plus. Only useful for one purpose though (so far that I know). Problems like this:
You buy a 1000 par value with 4% coupons paid annually, at a yield of 6% on Oct. 15, 2002. The bond matures at par on Jan. 26, 2009. What is the price?
Anyway, sorry for making this thread something other than the subject at hand.
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