All Notes and Problems are © Copyright 2010 by Steve Paris.
All rights reserved. Reproduction in whole or in part without the express written permission from the author is strictly prohibited.
Interest Theory Manual Notes, Problems, and Answers to Problems
Module 1 - Section 1 Accumulation Functions
Module 1 - Section 2 Simple and Compound Interest
Module 1 - Section 3 Simple and Compound Discount
Module 1 - Section 4 General Force of Interest
Module 1 - Section 5 Summary
Module 1 Material Combined (with solutions)
Module 2 - Section 1 Annuities - Definition, Terminology, and Notation
PowerPoint Lesson Part 1
PowerPoint Lesson Part 2
PowerPoint Examples Part 1
PowerPoint Examples Part 2
PowerPoint Examples Part 3
Module 2 - Section 2 Basic Annuity Formulas
PowerPoint Lesson
Module 2 - Section 3 Basic Upper m Notation
PowerPoint Lesson
Module 2 - Section 4 Basic Level Continuous Annuities
PowerPoint Lesson
Module 2 - Section 5 Geometric Annuities
PowerPoint Lesson
PowerPoint for Standard Geometric Annuity Example
PowerPoint for Unknown Interest Rates Example 1
PowerPoint for Unknown Interest Rates Example 2
PowerPoint for Geometric Perpetuity Example
Module 2 - Section 6 Arithmetic Annuities
PowerPoint Lesson Part 1
PowerPoint Lesson Part 2
PowerPoint Lesson Part 3
PowerPoint for Standard Arithmetically Increasing Annuity Example
PowerPoint for Non-Standard Arithmetically Decreasing Annuity Example
PowerPoint for General Arithmetically Increasing Perpetuity Example
Module 2 - Section 7 Rainbow Annuities
PowerPoint Lesson
PowerPoint for Tricky Rainbow Annuity Example
Module 2 Material Combined (with solutions)
Module 3 PowerPoints
Loan Terminology and Notation
Basic Loan Facts
Outstanding Balance (with Drop Payment)
Outstanding Balance (More Examples)
Percent of Interest Due Payments (with Balloon Payment)
Level Payment Amortization Table
Bond Terminology and Notation
Basic Bond Facts
Bond Amortization Table
Bond Bought at Discount Example
Bond Bought at Par Example
Callable Bonds
Callable Bond Examples
Module 3 - Section 1 Loan Repayment - Amortization Method
Module 3 - Section 2: Loan Repayment - Sinking Fund Method (DELETED from Syllabus)
Module 3 - Section 3 Loan Repayment - Adhoc Methods
Module 3 - Section 4 Bond Introduction
Module 3 - Section 5 Bond Amortization Schedule
Module 3 - Section 6 Callable Bonds
Module 3 Material Combined (with solutions)
Module 4 - Section 1 Inflation
Module 4 - Section 2 Dollar and Time Weighted Rates
Module 4 - Section 3 Portfolio Year and Investment Year Methods
Module 4 - Section 4 Term Structure of Interest Rates, et al.
Module 4 - Section 5 Duration
Module 4 - Section 6 Asset-Liability Management (Immunization and Dedication)
Addendum to Module 4 - Section 6 (Macaulay and Modified) Duration and Convexity
Module 4 Material Combined (with solutions)
Old Test 1's and SOA Problems from Module 1 (pdf files)
Test 1 from Fall 2011 (Solutions)
Test 1 from Fall 2012 (Solutions)
Test 1 from Summer 2013 (Solutions)
Test 1 from Fall 2013 (Solutions)
Test 1 from Spring 2014 (Solutions)
Test 1 from Summer 2014 (Solutions)
Test 1 from Fall 2014 (Solutions)
Test 1 from Summer 2015 (Solutions)
Test 1 from Summer 2016 (Solutions)
Test 1 from Summer 2017 (Solutions)
Module 1 SOA Problems and (My Solutions)
Old Test 2's and SOA Problems from Module 2 (pdf files)
Test 2 from Fall 2011 (Solutions)
Test 2 from Fall 2012 (Solutions)
Test 2 from Summer 2013 (Solutions)
Test 2 from Fall 2013 (Solutions)
Test 2 from Spring 2014 (Solutions)
Test 2 from Summer 2014 (Solutions)
Test 2 from Fall 2014 (Solutions)
Test 2 from Summer 2015 (Solutions)
Test 2 from Summer 2016 (Solutions)
Test 2 from Summer 2017 (Solutions)
Module 2 SOA Problems and (My Solutions)
Old Test 3's and SOA Problems from Module 3 (pdf files)
Test 3 from Fall 2011 (Solutions)
Test 3 from Fall 2012 (Solutions)
Test 3 from Summer 2013 (Solutions)
Test 3 from Fall 2013 (Solutions)
Test 3 from Spring 2014 (Solutions)
Test 3 from Summer 2014 (Solutions)
Test 3 from Fall 2014 (Solutions)
Test 3 from Summer 2015 (Solutions)
Test 3 from Summer 2016 (Solutions)
Test 3 from Summer 2017 (Solutions)
Module 3 SOA Problems and (My Solutions)
Old Test 4's and SOA Problems from Module 4 (pdf files)
Test 4 from Fall 2011 (Solutions)
Test 4 from Fall 2012 (Solutions)
Test 4 from Summer 2013 (Solutions)
Test 4 from Fall 2013 (Solutions)
Test 4 from Spring 2014 (Solutions)
Test 4 from Summer 2014 (Solutions)
Test 4 from Fall 2014 (Solutions)
Test 4 from Summer 2015 (Solutions)
Test 4 from Summer 2016 (Solutions)
Test 4 from Summer 2017 (Solutions)
Module 4 SOA Problems and (My Solutions)
Notes on the Recent Additional Material Added to Exam FM
Duration and Changing Interest Rates and (Solutions to SOA Sample Questions on This)
Interest Rate Swaps and (Solutions to SOA Sample Questions on This)
T-Bills and Key Interest Rates and (Solutions to SOA Sample Questions on This)
Some Of My Other FSU Websites
My FSU webpage has all of my contact information.
Daily Notes for Spring 2020 Semester
January 9
January 14
January 15
January 22
January 23