2023 2024 EduVark Institute of Actuaries Of India-Subject CT1-Financial Mathematics Exam Papers

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June 22nd, 2014, 08:57 AM
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Institute of Actuaries Of India-Subject CT1-Financial Mathematics Exam Papers

Can you provide me the Institute of Actuaries Of India-Subject CT1-Financial Mathematics Exam Previous Years Question Papers???

This is the Institute of Actuaries Of India-Subject CT1-Financial Mathematics Exam Previous Years Question Paper:

Q. 12)
Person X takes a loan of ` 10 Lacs with interest rate charged at the rate of 12% p.a. nominal
convertible monthly. He wants to repay it in 10 years in equal monthly instalments, payable in
arrears.
a) Calculate the monthly instalment. (2)
b) How much is the total capital and total interest paid in the 5th year? (6)
[8]

Q. 13) Mr. A wants to invest ` 5000/- now in a stock which offers an annual return with mean 7% and
standard deviation 2.5%. He will invest a further ` 10,000/- in exactly one year’s time in the
same stock at the then available price. The return each year is independent of the return in any
other year.

Institute of Actuaries Of India-Subject CT1-Financial Mathematics Exam Previous Years Question Paper

Last edited by Neelurk; February 21st, 2020 at 08:28 AM.