[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-398818-105":59,"doc-detail-398818-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","financial-mathematics-examjune-2018-exam-syllabus","Financial Mathematics Exam—June 2018 - Exam Syllabus","","Financial Mathematics exam syllabus for June 2018 outlines a three-hour computer-based test with multiple-choice questions covering core financial mathematics. It specifies that candidates need fundamental calculus and introductory probability, while allowing use of specified calculators. Learning objectives cover time value of money, annuities and non-contingent cash flows, loans and amortization, and bonds, with emphasis on calculating present and accumulated values across applications like valuation, pricing, reserving, asset/liability management, and capital budgeting.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/financial-mathematics-examjune-2018-exam-syllabus/398818/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/financial-mathematics-examjune-2018-exam-syllabus/398818.png","ImageObject",300,407,{"name":92,"@type":93},"Alex Sinclair","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-28","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":52},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"How long is the Financial Mathematics exam, and how is it delivered?","Question",{"text":112,"@type":113},"The exam is three hours long and administered as a computer-based test.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What prior knowledge is assumed for the exam?",{"text":117,"@type":113},"Candidates are assumed to have basic knowledge of calculus and an introductory knowledge of probability.",{"name":119,"@type":110,"acceptedAnswer":120},"How many answer choices does each multiple-choice question have, and what is the marking approach?",{"text":121,"@type":113},"Each question has five choices (A–E) with only one correct answer. 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For additional details, please refer to Exam Rules  \nThe goal of the syllabus for this examination is to provide an understanding of the fundamental concepts of financial mathematics, and how those concepts are applied in calculating present and accumulated values for various streams of cash flows as a basis for future use in: reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flows.  \nThe Financial Mathematics Exam assumes a basic knowledge of calculus and an introductory knowledge of probability.  \nThe following learning objectives are presented with the understanding that candidates are allowed to use specified calculators on the exam. The education and examination of candidates reflects that fact. In particular, such calculators eliminate the need for candidates to learn and be examined on certain mathematical methods of approximation.  \nPlease check the Updates section on this exam's home page for any changes to the exam or syllabus.  \nEach multiple-choice problem includes five answer choices identified by the letters A, B, C, D, and E, only one of which is correct. Candidates must indicate responses to each question on the computer. Candidates will be given three hours to complete the exam.  \nAs part of the computer-based testing process, a few pilot questions will be randomly placed in the exam (paper and pencil and computer-based forms) . These pilot questions are included to judge their effectiveness for future exams, but they will NOT be used in the scoring of this exam. All other questions will be considered in the scoring. All unanswered questions are scored incorrect. Therefore, candidates should answer every question on the exam. There is no set requirement for the distribution of correct answers for the multiple-choice preliminary examinations. It is possible that a particular answer choice could appear many times on an examination or not at all. Candidates are advised to answer each question to the best of their ability, independently from how they have answered other questions on the examination.  \nSince the CBT exam will be offered over a period of a few days, each candidate will receive a test form composed of questions selected from a pool of questions. Statistical scaling methods are used to ensure within reasonable and practical limits that, during the same testing period of a few days, all forms of the test are comparable in content and passing criteria. The methodology that has been adopted is used by many credentialing programs that give multiple forms of an exam.  \nThe ranges of weights shown in the Learning Objectives below are intended to apply to the large majority of exams administered. On occasion, the weights of topics on an individual exam may fall outside the published range. Candidates should also recognize that some questions may cover multiple learning objectives.  \nLEARNING OBJECTIVES  \nA. Time Value of Money (10-15%)  \n1. The candidate will be able to define and recognize the definitions of the following terms: interest rate (rate of interest), simple interest, compound interest, accumulation function, future value, current value, present value, net present value, discount factor, discount rate (rate of discount), convertible m-thly, nominal rate, effective rate, inflation and real rate of interest, force of interest, equation of value.  \n2. The candidate will be able to:  \na. Given any three of interest rate, period of time, present value, current value, and future value, calculate the remaining item using simple or compound interest. Solve time value of money equations involving variable force of interest.  \nb. Given any one of the effective interest rate, the nominal interest rate convertible m-thly, the effective discount rate, the ","cbCailTmTN6Q7JHO","https://ap.wps.com/l/cbCailTmTN6Q7JHO","pdf",203783,"English","# Exam overview\n## Exam format and administration\n# Learning objectives\n## A. Time Value of Money\n## B. Annuities and non-contingent cash flows\n## C. Loans\n## D. Bonds","[{\"question\":\"How long is the Financial Mathematics exam, and how is it delivered?\",\"answer\":\"The exam is three hours long and administered as a computer-based test.\"},{\"question\":\"What prior knowledge is assumed for the exam?\",\"answer\":\"Candidates are assumed to have basic knowledge of calculus and an introductory knowledge of probability.\"},{\"question\":\"How many answer choices does each multiple-choice question have, and what is the marking approach?\",\"answer\":\"Each question has five choices (A–E) with only one correct answer. Pilot questions are not scored, but all unanswered questions are scored incorrect and candidates should answer every question.\"}]","Financial Mathematics Exam—June 2018 - Exam Syllabus | PDF",1790489110,15]