Exam FM Problem 046 Learning Objective: “Loans” Wisconsin Center of Actuarial Excellence Technology Enhanced Learning Project Exam FM Problem 046 Learning Objective: “Loans” -Always use 3 digits for the problem number -If there is no secondary objective omit the phrase. -Example: Exam MFE Problem 001 Learning Objective: “Rational Valuation of Derivative Securities”

Time Payment Principal Interest 1 603.85 443.85 160 2 479.36 124.49 3 517.71 86.14 4 559.12 44.73

Thanks for watching. Questions. Comments Thanks for watching! Questions? Comments? Please email us at: TELFEEDBACK@bus.wisc.edu Funding provided by the Society of Actuaries and the Wisconsin School of Business http://instruction.bus.wisc.edu/jfrees/UWCAELearn/default.aspx Voice: Mike DeLucca Faculty Supervisor: EW (Jed) Frees