Free IFOA_CAA_M0 Exam Braindumps
Certified Actuarial Analyst Exam Questions 16–20 (page: 5)

Updated On: 10-Feb-2026

Calculate the second order derivative of y with respect to x, where:

y = 3x2 + ex

  1. 6 + ex
  2. 6x + ex
  3. 6x + ex-1
  4. 6 + (x - 1)ex-2

Answer(s): A



An individual purchases a share in a company at a price of £45. Six months later he sells the share for £39.
Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.

  1. -15.4%
  2. -13.3%
  3. 13.3%
  4. 86.7%

Answer(s): B



A boy is asked to estimate the height of his sister. He estimates that she is 1.60 metres tall. He then measures his sister and finds that her true height is 1.40 metres. Identify the absolute error of his estimate of her height.

  1. -0.2 metres
  2. 0.2 metres
  3. 12.5%
  4. 0.125

Answer(s): B



A geometric series is given by



Identify the values of x for which the series converges.

  1. -1 x 1
  2. -1 < x < 1
  3. -5 < x < 5
  4. -5 x 5

Answer(s): B



A recurrence relation is given by: Un = 2Un - 1 + 3
If U0 = 0, calculate U2 =

  1. 3
  2. 9
  3. 13
  4. 21

Answer(s): B



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