Free CFA-Level-I Exam Braindumps (page: 269)

Page 269 of 991

If you want $1,000,000 when you retire in 25 years, how much must you deposit each month, beginning one month from today, if your funds will earn 9% per year, compounded monthly?

  1. $7,336.35
  2. $903.59
  3. $$29,848.16
  4. $891.96
  5. $29,848.16

Answer(s): D

Explanation:

Note that since the deposits are made monthly, there are 300 of them (25 x 12 = 300). On the BAII Plus, press 300 N, 9 divide 12 = I/Y, 0 PV, 1000000 FV, CPT PMT. On the HP12C, press 300 n, 9 ENTER 12 divide i, 0 PV, 1000000 FV, PMT. Note that the answer will be displayed as a negative number. Make sure the BAII Plus has the value of P/Y set to 1.



If alpha equals 0.05 for a two-tailed hypothesis test, how large is the area of rejection in the upper or right tail?

  1. 0.975
  2. 0.025
  3. 0.05
  4. 0.95
  5. None of these answers

Answer(s): B

Explanation:

If it is a two tailed test, then there is a similar size region in each tail. So 0.05/2 = 0.025.



Two sets of observations, A and B, each contain 160 observations. The variance of data in A equals 198.4 and that of the data in B equals 231.9. The two sets have the same mean. Then, A has a ________ dispersion and a ________ coefficient of variation.

  1. higher; higher
  2. lower; higher
  3. lower; lower
  4. higher; lower

Answer(s): C

Explanation:

B has a higher variance and hence, a higher dispersion. The coefficient of variation equals the standard deviation divided by the mean. Since A and B have the same mean, B has a higher coefficient of variation.



If the null hypothesis that two means are equal is in fact true, where will 97% of the computed z-value lie between?

  1. +/- 2.07
  2. +/- 2.33
  3. +/- 2.17
  4. none of these answers
  5. +/- 2.58

Answer(s): C

Explanation:

From the z tables, we can find 0.97/2 = 0.485, which corresponds to a z-value of +/-2.17.



Page 269 of 991



Post your Comments and Discuss Test Prep CFA-Level-I exam with other Community members:

Albert Bijabibola commented on January 09, 2025
Very helpful
Anonymous
upvote

Denis commented on January 09, 2025
Okay so far
Anonymous
upvote

Elmo commented on January 09, 2025
Question 4, IMO Questionmark on building B should be a WAP? Devices all look wireless to me.
NETHERLANDS
upvote

Anonymous commented on January 09, 2025
Testing my Snowflake knowledge
INDIA
upvote

Anonymous commented on January 09, 2025
preparing for exam
INDIA
upvote

STR commented on January 09, 2025
Good questions
Anonymous
upvote

Chanti commented on January 09, 2025
Good content ??
UNITED STATES
upvote

Pinky commented on January 09, 2025
These are very helpful for me.
UNITED STATES
upvote

Pinky commented on January 09, 2025
Thankyou for the dumps
UNITED STATES
upvote

CHESI commented on January 09, 2025
relevant questions.
UNITED STATES
upvote

Louk commented on January 08, 2025
Just passed this exam. First achievement of this year!
UNITED STATES
upvote

Hilda commented on January 08, 2025
Good practice
Anonymous
upvote

Ananta Nayak commented on January 08, 2025
Very helpful
Anonymous
upvote

Curtis Nakawaki commented on January 08, 2025
I thought these questions were helpful . Thanks .
UNITED STATES
upvote

Goran commented on January 08, 2025
Very good, I hope it will help.
SWEDEN
upvote

Likhaya commented on January 08, 2025
I'm impressed by this website
Anonymous
upvote

Swati commented on January 08, 2025
Good practice
JAPAN
upvote

Vijay commented on January 08, 2025
By practicing these Free AD0-E712 Exam Braindumps questions, did anyone able to achieve the certification?
Anonymous
upvote

YouAreSeggels commented on January 08, 2025
The full course isn't free at all!!!
GERMANY
upvote

Hadi commented on January 08, 2025
It’s so good for testing
ISRAEL
upvote

hiwot kebede commented on January 08, 2025
I Just interested
Anonymous
upvote

AMISSE S commented on January 08, 2025
Hi good job
Anonymous
upvote

Shoby Sebastian commented on January 07, 2025
Can I get clarifications on the answer provided?
UNITED ARAB EMIRATES
upvote

Shoby Sebastian commented on January 07, 2025
Answer for Qusrion no 10 and Qustian 8 , I have a doubt
UNITED ARAB EMIRATES
upvote

SM commented on January 07, 2025
preparing for exam
UNITED STATES
upvote

Pavan commented on January 07, 2025
Good to practice
Anonymous
upvote

Anonymous commented on January 07, 2025
thanks for content
SINGAPORE
upvote

Ramesh commented on January 07, 2025
Great for AWS Certification
UNITED STATES
upvote

Nidhi commented on January 07, 2025
Preparing for exam
AUSTRALIA
upvote

RAVINDRA commented on January 07, 2025
I m looking for admin certification exam to be passed and i have tried 2 times already but dint cleared so not sure this can help me out? kindly advice how this can help me
UNITED STATES
upvote

Pinka commented on January 07, 2025
Nice it has explanation for answers
Anonymous
upvote

Tuck commented on January 06, 2025
Any PBQ Questions ?
CHINA
upvote

Moana commented on January 06, 2025
Good work, today trying to review your questions.
Anonymous
upvote

heran commented on January 06, 2025
Only going through these questions would be enough to pass the exam ?
Anonymous
upvote