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Search: Posts Made By: Gandalf
Forum: Diversions 01-02-2020, 12:25 AM
Replies: 216
Views: 3,831
Posted By Gandalf
Sounds like fun.. Suggested rules...

Sounds like fun.. Suggested rules clarifications: you must choose your answers for questions 1-5 before using any external resources for any question.
Forum: General Actuarial 12-31-2019, 12:41 PM
Replies: 30
Views: 2,278
Posted By Gandalf
Do you think there is sufficient demand in...

Do you think there is sufficient demand in Antarctica to justify multiple Actuarial organizations?
Forum: Non-Actuarial Topics 12-25-2019, 02:41 PM
Replies: 19
Views: 365
Posted By Gandalf
There has been some discussion in my Facebook...

There has been some discussion in my Facebook feed as to whether one should say "Merry Impeachment" or "Happy Impeachment", with one respondent suggesting "Treason's Greetings".
Forum: Financial Mathematics 12-22-2019, 01:11 PM
Replies: 3
Views: 288
Posted By Gandalf
You could write \int_{t=10}^\infty...

You could write

\int_{t=10}^\infty 1.03^{t-10}1.06^{-t}dt

which could then be

1.03^{-10}\int_{t=10}^\infty 1.03^{t}1.06^{-t}dt

And stopping there, rather than in the form the solution...
Forum: Software & Technology 12-22-2019, 12:29 PM
Replies: 1
Views: 272
Posted By Gandalf
I have a similar problem, flip side. I bought...

I have a similar problem, flip side. I bought turbo tax 2019, and when I installed it I was warned: for turbo tax 2020*, you'll have to upgrade the OS to Mojave. My Mac was made mid-2011, and can't...
Forum: Financial Mathematics 12-22-2019, 12:22 PM
Replies: 3
Views: 288
Posted By Gandalf
Note that in the last 10 years, the exponent of...

Note that in the last 10 years, the exponent of 1.03 should start (at the end of year 10) at 1.03^0, and go up from there. And at that moment, the interest discount factor should be 1.06^-10, with...
Forum: General Actuarial 12-20-2019, 02:15 PM
Replies: 30
Views: 2,278
Posted By Gandalf
If they aren't covered at even the CAS depth, no...

If they aren't covered at even the CAS depth, no way the SOA should give credit.
Forum: Financial Mathematics 12-18-2019, 10:40 AM
Replies: 12
Views: 713
Posted By Gandalf
Congratulations :tup: :toast: Yes, better to be...

Congratulations :tup: :toast:
Yes, better to be on the safe side. No two exams are the same, but may have some questions in common.
Forum: Long-Term Actuarial Math 12-16-2019, 06:09 PM
Replies: 2
Views: 559
Posted By Gandalf
Yes. Late April or early May; Late October or...

Yes. Late April or early May; Late October or early November.
Forum: Financial Mathematics 12-16-2019, 05:44 PM
Replies: 7
Views: 393
Posted By Gandalf
:insanity:

:insanity:
Forum: Financial Mathematics 12-16-2019, 05:44 PM
Replies: 7
Views: 393
Posted By Gandalf
Congratulations. P next would be a good idea,...

Congratulations. P next would be a good idea, since it will give you a better idea of what it will be like to face LTAM and STAM, both harder than P (for most people).

If that spring class is...
Forum: Financial Mathematics 12-15-2019, 11:53 PM
Replies: 55
Views: 3,655
Posted By Gandalf
Good luck to everyone

Good luck to everyone
Forum: Non-Actuarial Topics 12-09-2019, 10:17 PM
Replies: 116
Views: 7,431
Posted By Gandalf
Sarah did the questions tonight.

Sarah did the questions tonight.
Forum: Financial Mathematics 12-07-2019, 10:51 AM
Replies: 55
Views: 3,655
Posted By Gandalf
Good luck to you and everyone else taking it.

Good luck to you and everyone else taking it.
Forum: Financial Mathematics 12-06-2019, 05:31 PM
Replies: 3
Views: 274
Posted By Gandalf
BTW, are the parentheses wrong in your...

BTW, are the parentheses wrong in your expressions? The way you wrote them, the e^.05t is also raised to the t or 20-t power, which looks wrong.
Forum: Financial Mathematics 12-06-2019, 05:28 PM
Replies: 3
Views: 274
Posted By Gandalf
At time 0 (similarly for all other times except...

At time 0 (similarly for all other times except of course 10, exactly in the middle) the payment of 1 (which is e^[.05*0]), needs a PV factor of 1/1.09^0, not 1/1.09^20.
Forum: Financial Mathematics 12-02-2019, 10:30 PM
Replies: 3
Views: 312
Posted By Gandalf
If possible, post the answer letter, not...

If possible, post the answer letter, not necessarily the solution (if you can get the answer letter without reading the whole solution). Itís a courtesy to those who want to help without risking...
Forum: Financial Mathematics 12-02-2019, 10:02 PM
Replies: 3
Views: 312
Posted By Gandalf
When you post a question, it's best to indicate...

When you post a question, it's best to indicate what the source thinks the answer is.

Here, I would say the PV on Jan 1, 2008, of the inflation adjusted payments is 100,000...
Forum: General Actuarial 11-29-2019, 09:31 AM
Replies: 50
Views: 5,338
Posted By Gandalf
OK, as long as you realize itís a choice youíre...

OK, as long as you realize itís a choice youíre making now rather than something where there is no alternative. You still should talk to career counseling at your school now, even as you continue to...
Forum: Non-Actuarial Topics 11-28-2019, 11:15 PM
Replies: 16
Views: 382
Posted By Gandalf
Our suspicion about that is Santa Claus = Saint...

Our suspicion about that is Santa Claus = Saint Nicholas, religious. That reasoning not confirmed by the bankís national office, nor have we inquired.
Forum: Non-Actuarial Topics 11-28-2019, 05:59 PM
Replies: 16
Views: 382
Posted By Gandalf
[STRIKE]Christmas[/STRIKE] Holiday decorations

My daughter works in the local branch of a national bank. They just got instructions on how the branch can be decorated for the season.

Holiday trees are OK, and can be decorated in a...
Forum: General Actuarial 11-28-2019, 09:34 AM
Replies: 50
Views: 5,338
Posted By Gandalf
Nonsense. Many people give up actuarial because...

Nonsense. Many people give up actuarial because they can't pass exams, and they find something else to do with their lives. What you have already put in is spent, but you can limit your future...
Forum: General Actuarial 11-27-2019, 05:45 PM
Replies: 83
Views: 7,734
Posted By Gandalf
So the class is all British actuaries? That...

So the class is all British actuaries? That seems highly unlikely, but you probably know what you're talking about.
Forum: General Actuarial 11-27-2019, 04:05 PM
Replies: 83
Views: 7,734
Posted By Gandalf
Lucy's question about who would be in the class...

Lucy's question about who would be in the class is a good one that you have ducked.

In addition, this way of handling a class action situation seems bizarre by US standard (not that this US...
Forum: Property - Casualty / General Insurance 11-22-2019, 05:13 PM
Replies: 12
Views: 1,200
Posted By Gandalf
Thread title suggests he's referring to renter's...

Thread title suggests he's referring to renter's insurance, which my guess has relatively few large claims.
Showing results 1 to 25 of 300

 

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