Online Exam: High School
Actuaries in the U.S., Canada and other parts of the world earn professional credentials by passing a series of examinations. This Online Exam is designed to give you an idea of the types of questions you might encounter on the preliminary actuarial examinations administered by the Casualty Actuarial Society and Society of Actuaries. Please be sure to review the Actuarial Exams section of the Web Site, where you can access complete sample actuarial exams.
Answer the five multiple choice questions below, then click submit to see your results. If you are a college student or a working professional considering a career change, please take our College version of the Online Exam.
1.
Simplify the exponential expression (8ab-3)2/3(-2a-1b2)2 .
2.
Find the slope of the line connecting the two points (-1,2) and (2,-3).
3.
The price of an investment at the end of month n is modeled by  where b is a constant. The model predicts that the price at the end of the sixth month is the same as the price at the end of the fifth month. Determine b.
4.
Al drives 50 miles at a constant speed. If he had driven 5 miles per hour faster, he would have shortened the time of his trip by 10 minutes. Find r-t, where r is the speed at which Al drove in miles per hour, and t is the time in hours he drove.
5.
Company ABC has an option to rent a copy machine from one of two venders A, and B. Vender A charges a fixed cost of $500 per month plus one cent per copy. Vender B has no fixed cost but charges 3 cents per copy. Calculate the least number of copies that makes vender A's cost strictly less than vender B's cost.
|
