1. 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”

8. 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

9. Thanks for watching. Questions. Comments
Thanks for watching! Questions? Comments? Please us at: Funding provided by the Society of Actuaries and the Wisconsin School of Business Voice: Mike DeLucca Faculty Supervisor: EW (Jed) Frees