SOA FMFinancial Mathematics

Associateship (ASA)

2.5 hours·30 multiple-choice·≈250 study hours

Score 0/0 · 10 MC

FM · Q1
Multiple choice
Annuities
Calculate the present value of an annuity-immediate paying 1,000 at the end of each year for 10 years at 6% annual effective.
FM · Q2
Multiple choice
Annuities
Calculate the present value of a perpetuity-due paying 1,000 at the start of each year, at 5% annual effective.