# (FM) Financial Mathematics

**URL:** https://community.goactuary.com/c/exams/old-fm/31.md

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## [My video channel for exam FM](https://community.goactuary.com/t/my-video-channel-for-exam-fm/1280)

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**Author:** [@krzysio](https://community.goactuary.com/u/krzysio)\
**Replies:** 2\
**Last updated:** [February 21, 2021, 9:34pm UTC](https://community.goactuary.com/t/my-video-channel-for-exam-fm/1280 "2021-02-21T21:34:17Z")

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I have a free video channel with practice problems for exams P/1, FM/2, IFM/3F, LTAM and MAS-I. Exam FM part is here: LinkTitle Dr. Krzysztof Ostaszewski, FSA, CERA, FSAS, CFA, MAAA Distinguished Professor of Mathemati…

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## [Big list of FM resources](https://community.goactuary.com/t/big-list-of-fm-resources/572)

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**Author:** [@SpaceLobster](https://community.goactuary.com/u/SpaceLobster)\
**Replies:** 0\
**Last updated:** [October 14, 2020, 6:31pm UTC](https://community.goactuary.com/t/big-list-of-fm-resources/572 "2020-10-14T18:31:46Z")

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I’ve compiled a list of current resources for SOA exam FM: Sample Questions SOA Sample Questions - Solutions to the SOA Sample Questions - University of Wisconsin - Sample questions and videos MSU Online sample exam …

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## [About the (FM) Financial Mathematics category](https://community.goactuary.com/t/about-the-fm-financial-mathematics-category/271)

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**Author:** [@Serena](https://community.goactuary.com/u/Serena)\
**Replies:** 0

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(Replace this first paragraph with a brief description of your new category. This guidance will appear in the category selection area, so try to keep it below 200 characters.) Use the following paragraphs for a longer d…

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## [Timeline for FM Questions](https://community.goactuary.com/t/timeline-for-fm-questions/2186)

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**Author:** [@pengbuzz](https://community.goactuary.com/u/pengbuzz)\
**Replies:** 4\
**Last updated:** [August 28, 2026, 8:54pm UTC](https://community.goactuary.com/t/timeline-for-fm-questions/2186 "2026-08-28T20:54:31Z")

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I always have to draw a timeline for understanding and solving problems on annuities. It takes too much time and I know I have to solve a problem in 5-6 minutes. For those who have taken FM, in what types of problems sh…

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## [Free Exam FM Learning Videos](https://community.goactuary.com/t/free-exam-fm-learning-videos/12651)

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**Author:** [@Joshua\_Isralowitz](https://community.goactuary.com/u/Joshua_Isralowitz)\
**Replies:** 0\
**Last updated:** [March 26, 2026, 10:46pm UTC](https://community.goactuary.com/t/free-exam-fm-learning-videos/12651 "2026-03-26T22:46:25Z")

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Hi All, I’ve been teaching an Exam FM course for a while, and during covid I recorded all of my lectures. See here for the youtube playlist: https://www.youtube.com/playlist?list=PLdYaKZKg4e\_PTz1yvaUbuKDgTECem7zu3 I’v…

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## [Free FM Guide (with many exercises)](https://community.goactuary.com/t/free-fm-guide-with-many-exercises/8666)

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**Author:** [@stochiki](https://community.goactuary.com/u/stochiki)\
**Replies:** 1\
**Last updated:** [March 29, 2024, 4:04pm UTC](https://community.goactuary.com/t/free-fm-guide-with-many-exercises/8666 "2024-03-29T16:04:46Z")

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500+ free exercises mostly taken from various sources like SOA, MIT, UWindsor, etc. If you want to track your progress, register and click on “performance”. If you have questions about the material, there is a Q&A for…

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## [ASM FM exam question - newest 16th edition Sections 4h-4i, page 201 #21](https://community.goactuary.com/t/asm-fm-exam-question-newest-16th-edition-sections-4h-4i-page-201-21/6293)

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**Author:** [@Ykaty369](https://community.goactuary.com/u/Ykaty369)\
**Replies:** 6\
**Last updated:** [August 19, 2022, 9:29pm UTC](https://community.goactuary.com/t/asm-fm-exam-question-newest-16th-edition-sections-4h-4i-page-201-21/6293 "2022-08-19T21:29:52Z")

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I’m not sure if I can ask these sorts of questions here but I just signed up with goactuary and I don’t know all the rules yet. If this is not allowed then I apologize. Can somebody please help me with the algebra for #…

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## [More free study resources](https://community.goactuary.com/t/more-free-study-resources/5045)

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**Author:** [@SpaceLobster](https://community.goactuary.com/u/SpaceLobster)\
**Replies:** 0\
**Last updated:** [January 21, 2022, 3:03pm UTC](https://community.goactuary.com/t/more-free-study-resources/5045 "2022-01-21T15:03:34Z")

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https://faculty.atu.edu/mfinan/actuaries.html

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## [FM study group Feb 22](https://community.goactuary.com/t/fm-study-group-feb-22/4978)

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**Author:** [@coco](https://community.goactuary.com/u/coco)\
**Replies:** 1\
**Last updated:** [January 15, 2022, 3:14pm UTC](https://community.goactuary.com/t/fm-study-group-feb-22/4978 "2022-01-15T15:14:04Z")

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I’m sitting for Exam FM Feb 2022, anyone wanna form a study group?

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## [CONTEST! Free FM Study Material (Full Time Students)](https://community.goactuary.com/t/contest-free-fm-study-material-full-time-students/1989)

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**Author:** [@SpaceLobster](https://community.goactuary.com/u/SpaceLobster)\
**Replies:** 11\
**Last updated:** [September 29, 2021, 12:26pm UTC](https://community.goactuary.com/t/contest-free-fm-study-material-full-time-students/1989 "2021-09-29T12:26:28Z")

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GoActuary is giving away 2 copies of The Infinite Actuary course for exam FM: AND we’re giving away 2 copies of the BTDT Study Manual for Exam FM, by Dr. Krzysztof Ostaszewski, Digital version. We’ll do a random draw …

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## [Calculator for exam](https://community.goactuary.com/t/calculator-for-exam/2598)

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**Author:** [@RoseTheHat](https://community.goactuary.com/u/RoseTheHat)\
**Replies:** 13\
**Last updated:** [April 13, 2021, 9:38pm UTC](https://community.goactuary.com/t/calculator-for-exam/2598 "2021-04-13T21:38:27Z")

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I just bought the BA II calculator. Does this calculator have a function to solve polynomials of any degree? If not, is there a calculator that does? They like to have questions with polynomials so I am screwed if I dont…

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## [Find the amount of money needed to be invested](https://community.goactuary.com/t/find-the-amount-of-money-needed-to-be-invested/2424)

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**Author:** [@RoseTheHat](https://community.goactuary.com/u/RoseTheHat)\
**Replies:** 4\
**Last updated:** [March 26, 2021, 9:44pm UTC](https://community.goactuary.com/t/find-the-amount-of-money-needed-to-be-invested/2424 "2021-03-26T21:44:31Z")

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Attached is a file with the question and all of my workproblem 137.pdf (94.2 KB)

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## [Question on interest measurement of a fund](https://community.goactuary.com/t/question-on-interest-measurement-of-a-fund/2365)

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**Author:** [@RoseTheHat](https://community.goactuary.com/u/RoseTheHat)\
**Replies:** 2\
**Last updated:** [March 17, 2021, 6:23am UTC](https://community.goactuary.com/t/question-on-interest-measurement-of-a-fund/2365 "2021-03-17T06:23:35Z")

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I have my question attached to a word document so I could use equation editor and make the question as clear as I possibly could Chapter 7 question.pdf (98.4 KB)

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## [Present value for annuity immediate and annuity due with spot rates](https://community.goactuary.com/t/present-value-for-annuity-immediate-and-annuity-due-with-spot-rates/2282)

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**Author:** [@RoseTheHat](https://community.goactuary.com/u/RoseTheHat)\
**Replies:** 4\
**Last updated:** [March 6, 2021, 12:22am UTC](https://community.goactuary.com/t/present-value-for-annuity-immediate-and-annuity-due-with-spot-rates/2282 "2021-03-06T00:22:49Z")

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What is the formula for an annuity due bond given the price and the spot rates? what is the formula for an annuity immediate bond given the price and spot rates? what is the formula for the above 2 if the “annuity” is i…

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## [Sample question with spot rates](https://community.goactuary.com/t/sample-question-with-spot-rates/2285)

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**Author:** [@RoseTheHat](https://community.goactuary.com/u/RoseTheHat)\
**Replies:** 2\
**Last updated:** [March 5, 2021, 10:01pm UTC](https://community.goactuary.com/t/sample-question-with-spot-rates/2285 "2021-03-05T22:01:15Z")

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In my text book I am given the following problem: The spot rate of interest is defined by s\_t =(.9^t)\*.1 for t=1,2,3,4,5. Find the present value of a 5 year annuity due in which the first payment is equal to 1000 and ea…

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## [Duration Shortcut on the BA 2 Plus Pro](https://community.goactuary.com/t/duration-shortcut-on-the-ba-2-plus-pro/2190)

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**Author:** [@esa2k](https://community.goactuary.com/u/esa2k)\
**Replies:** 2\
**Last updated:** [March 3, 2021, 1:09am UTC](https://community.goactuary.com/t/duration-shortcut-on-the-ba-2-plus-pro/2190 "2021-03-03T01:09:18Z")

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Anyone have info on how to use FM notation to use this shortcut on the BA 2 Plus Pro. Most resources online seem to cater to CFA/CA methods which is confusing me regarding traditional FM notation of bonds.

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## [FM Book](https://community.goactuary.com/t/fm-book/2187)

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**Author:** [@pengbuzz](https://community.goactuary.com/u/pengbuzz)\
**Replies:** 1\
**Last updated:** [February 28, 2021, 5:20pm UTC](https://community.goactuary.com/t/fm-book/2187 "2021-02-28T17:20:02Z")

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Just want to know if anyone bought this book for Exam FM? Is it really helpful or am I better off just studying the free ones online? The author classifies each SOA sample question. They also have this stuff for Exam P. …

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## [Is Sinking Fund Still Relevant?](https://community.goactuary.com/t/is-sinking-fund-still-relevant/2156)

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**Author:** [@pengbuzz](https://community.goactuary.com/u/pengbuzz)\
**Replies:** 2\
**Last updated:** [February 24, 2021, 12:40am UTC](https://community.goactuary.com/t/is-sinking-fund-still-relevant/2156 "2021-02-24T00:40:13Z")

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Since October 2018, SOA removed sinking funds from the syllabus. Will this topic be useful in IFM or any other SOA exam?

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## [Could I get some help with this problem? SWAPS](https://community.goactuary.com/t/could-i-get-some-help-with-this-problem-swaps/1134)

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**Author:** [@br1995](https://community.goactuary.com/u/br1995)\
**Replies:** 6\
**Last updated:** [November 17, 2020, 7:09pm UTC](https://community.goactuary.com/t/could-i-get-some-help-with-this-problem-swaps/1134 "2020-11-17T19:09:50Z")

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Suppose that, in a two-year interest rate swap, the floating rate for each year is determined as the one-year rate at the beginning of the year, but payments are made at the end of the year. According to the relevant yie…
