CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. Test Prep
  5. CFA-Level-I

Free CFA-Level-I Exam Braindumps (page: 231)

Page 230 of 991
PDF with 3963 Questions

How much would an original deposit of $1,500 grow to be after 8 and a half years, if the deposit earns interest at 6.5% per year, compounded quarterly?

  1. $870,183.49
  2. $3,601.34
  3. $2,541.02
  4. $2,594.84
  5. $1,570.42

Answer(s): D

Explanation:

On the BAII Plus, press 1500 PV, 0 PMT, 34 N, 6.5 divide 4 = I/Y, then press CPT FV. On the HP12C, press 1500 PV, 0 PMT, 34 n, 6.5 ENTER 4 divide i, then press FV. Note that N = 34 quarters and the answer is displayed as a negative number. Make sure that the BAII Plus has the P/Y value set to 1.



A survey of 144 retail stores revealed that a particular brand and model of a VCR retails for $375 with a standard deviation of $20. What is the 95% confidence interval to estimate the true cost of the VCR?

  1. $328.40 to $421.60
  2. $323.40 to $426.60
  3. $335.80 to $414.20
  4. $335.00 to $415.00
  5. None of these answers

Answer(s): C

Explanation:

Interval estimates can be found from the empirical rule where 95% will lie between plus and minus 1.96 standard deviations of the mean.



You are examining a group of 5 mutual funds. Their average annual returns have been 10%, 8%, 13%, 19%, and 15%. What is the range of annual returns?

  1. 12.0%.
  2. 10.0%.
  3. 11.0%.
  4. 13.0%.

Answer(s): C

Explanation:

The range = the maximum value - the minimum value. Here, we have 19% - 8% = 11%.



What is it called when all the items in the population have the same chance of being selected for the sample?

  1. Cluster sampling
  2. Simple Random sampling
  3. Judgment sampling
  4. Nonprobability sampling
  5. None of these answers

Answer(s): B

Explanation:

When every item in a population is selected at random, each have the same probability of being selected.






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

CFA-Level-I Discussions & Posts