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#241
11-05-2019, 04:29 PM
 tbug Note Contributor SOA Join Date: Jul 2006 Studying for G&H DP-A+FV-A Favorite beer: Yuengling Posts: 11,532

Quote:
 Originally Posted by jimichanga TNHP made an ugly appearance if you weren't too confident in the savings formula.
I didn't remember the formula (feel kind of dumb about that, if I'd glanced at my formula sheet right before the exam I'd have known it), but I felt like I was able to solve the problem w/o too much trouble anyway. Probably this is because I did it totally wrong though.

For the one question with the Quadratic Equation... my mind went blank and I couldn't remember it, had to derive it which was an entertaining way to spend a few minutes, at least
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#242
11-06-2019, 11:12 AM
 klowry026 Member SOA Join Date: Jul 2013 Studying for FAP Posts: 36

for me, quadratic equation = guess and check. luckily it didn't take long to get close enough
#243
11-06-2019, 11:56 AM
 nguye569 Member Join Date: Jul 2009 College: University of Minnesota Posts: 117

Quote:
 Originally Posted by klowry026 for me, quadratic equation = guess and check. luckily it didn't take long to get close enough
yeah. literally just put a note that says "used guess and check to get final result". I was dumb and started a bit high though since i forgot the numbers were monthly and i was inputting annual rates for guess and check.
#244
11-06-2019, 12:38 PM
 Bassooner Member SOA Join Date: Jul 2014 Location: Oregon Studying for GHADV College: Luther College BA, University of Oregon MS Posts: 43

Quote:
 Originally Posted by tbug I didn't remember the formula (feel kind of dumb about that, if I'd glanced at my formula sheet right before the exam I'd have known it), but I felt like I was able to solve the problem w/o too much trouble anyway. Probably this is because I did it totally wrong though.
I made a mistake in calculating P% when applying the formula -- I think I would have been better off just calculating the savings from first principles
#245
11-07-2019, 01:52 PM
 tbug Note Contributor SOA Join Date: Jul 2006 Studying for G&H DP-A+FV-A Favorite beer: Yuengling Posts: 11,532

Quote:
 Originally Posted by Bassooner The 42nd month is from time 41 to time 42, so the last payment happens at t=41.
I actually took two pages to answer this problem because I listed out every single cash flow w/ dates and a payment counter, just to make absolutely sure I didn't mess this up
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#246
11-07-2019, 04:26 PM
 BruteForce Member SOA AAA Join Date: Apr 2013 Studying for More Money Favorite beer: Wurzel Bier Posts: 11,685

Quote:
 Originally Posted by Bassooner The 42nd month is from time 41 to time 42, so the last payment happens at t=41.
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ASA

Quote:
 Originally Posted by Actuary321 I would really hate to bring Pokémon to a gun fight.
#247
11-08-2019, 08:37 AM
 Derek @ TIA Member SOA Join Date: Jan 2016 Posts: 330

The Fall 2019 exam questions have been posted:

https://www.soa.org/education/exam-r...e-choice-exam/