What is the remaining balance on a $90,000 loan after making monthly payments of $660.39 for 10 years, if the interest rate is 8% per year, compounded monthly?
Answer(s): E
On the BAII Plus, press 120 N, 8 divide 12 = I/Y, 90000 PV, 660.39 +/- PMT, CPT FV. On the HP12C, press 120 n, 8 ENTER 12 divide i, 90000 PV, 660.39 CHS PMT, FV. The remaining balance will be displayed as a negative number. Make sure the BAII Plus has the P/Y value set to 1.
What is the Net Present Value of this series of annual cash flows at an interest rate of 14% per year: Year 0:<$4,000>, Year 1: $2,000, Year 2: $0, Year 3: $0, Year 4 to indicate a negative number).
Answer(s): C
On the BAII Plus, press CF 2nd CLRWork 4000 +/- ENTER DownArrow 2000 ENTER DownArrow DownArrow 0 ENTER DownArrow DownArrow 0 ENTER DownArrow DownArrow 4000 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 14 ENTER DownArrow CPT. On the HP12C, press these keys: 4000 CHS BlueShift CFo 2000 BlueShift CFj 0 BlueShift CFj 0 BlueShift CFj 4000 BlueShift CFj. Then press 14 i, YellowShift NPV.The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard. Make sure the BAII Plus has the P/Y value set to 1.
You are examining a group of 20 mutual funds. You find that 5 have an 8% position in foreign stocks, 7 have a 9% position in foreign stocks, and 8 have no position in foreign stocks. What is the weighted average position in foreign stocks of these 20 mutual funds?
Answer(s): D
A weighted-average is equal to the sum (as i goes from 1 to n) of w_i * X_i, where w_i is the percentage weight of the ith item, and X_i is the value of the ith item. Here, we get a weighted mean of 5/20 * 0.08 + 7/20 * 0.09 + 8/20 * 0 = 5.15%.
If you deposit $300 a month, beginning next month, for 10 years into an account paying 8% per year, compounded monthly, how much is in your account after that last deposit?
On the BAII Plus, press 120 N, 8 divide 12 = I/Y, 0 PV, 300 PMT, CPT FV. On the HP12C, press 120 n, 8 ENTER 12 divide i, 0 PV, 300 PMT, FV. On the BAII Plus, make sure the value of P/Y is set to 1. Note that the answer is displayed as a negative number.
The sum of the squares of 1,200 observations equals 9,830. The sum of the observations equals 1,510. The population standard deviation of the observations equals ________.
Answer(s): B
For N observations, it is easy to show thatpopulation variance*N = (sum of squares) - N*(mean^2)The mean equals 1,510/1,200 = 1.258. Hence, population variance = (9,830 - 1,200*1.258^2 )/1,200= 6.608.The standard deviation then equals sqrt(6.608) = 2.57Note: You should be careful about the difference between population variance and sample variance. The formula for sample variance is:sample variance*(N-1) = (sum of squares) - N*(mean^2)You can expect an exam question which asks for population variance, with the choices given containing both the population and the sample variances or vice versa.
Share your comments for CFA CFA I exam with other users:
wonderful material
i passed!! ...but barely! got 728, but needed 720 to pass. the exam hit me with labs right out of the gate! then it went to multiple choice. protip: study the labs!
correct answer for question 92 is c -aws shield
great !! it is really good
explanations for the answers are to the point.
how can rea next
question: 128 d is the wrong answer...should be c
thanks for az 700 dumps
thank you for this tableau dumps . it will helpfull for tableau certification
good content
just testing if the comments are real
very helpful for exam preparation
question 11: https://help.salesforce.com/s/articleview?id=sf.admin_lead_to_patient_setup_overview.htm&type=5
i think the answer to question 42 is b not c
thanks for the dump
fantastic assessments
i find the xengine test engine simulator to be more fun than reading from pdf.
nice document
thank you for making the questions and answers intractive and selectable.
answers are correct?
can i belive this dump
great site to practice for sitecore exam
good for students
nice practice dumps
nokia 4a0-114 dumps
great content and wonderful to have the answers with explanation
for question #118, the answer is option c. the screen shot is showing the drop down, but the answer is marked incorrectly please update . thanks for sharing such nice questions.
the correct answer for the question 29 is d.
question no 22: correct answers: bc, 1 per session 1 per page 1 per component always
these are pretty useful
awesome
yes please upload
great job whoever put this together, for the greater good! thanks!
just started to view all questions for the exam