

FlashChat  Actuarial Discussion  Preliminary Exams  CAS/SOA Exams  Cyberchat  Around the World  Suggestions 


Thread Tools  Display Modes 
#1




Calculating unknown interest rate
Are students supposed to use linear interpolation to calculate an unknown interest rate when the problem is not simple enough to use the financial calculator? I use the Excel Solver function in "real life". Linear interpolation can be time consuming.

#3




Quote:
__________________
"Mathematical Induction: How mathematicians manage to suck all the fun out of lining up a row of dominos, knocking the one on the end down, and watching the entire row fall." BC Skip it.  AG Because everything should taste like bacon. AO Golfers Unite! Here and here. 
#7




try this
maybe you could try to substitute all 5 choices into the your final function to see which number yields the answer. sometimes this is a better way compared to calculate i directly.
Last edited by nicole; 03142005 at 04:55 PM.. 
Thread Tools  
Display Modes  

