Practice Problems from Past Midterms/Quizzes by Topic

1. Accumulation Function, Simple & Compound Interest, and the Effective Interest Rate

2. Discount Rate and Discount Function

3. Nominal Interest and Discount Rate

4. Force of Interest

5. Net Present Value

6. Equations of Value

7. Annuities Immediate and Due

8. Perpetuities

9. Deferred Annuities

10. Outstanding Loan Balances

11. Drop and Balloon Payments

12. Non-Level Annuities, Pattern of Payments undefined

13. Non-Level Annuities, Geometric Series

14. Non-Level Annuities, Arithmetic Series

15. Non-Level Annuities, Formula that does not follow the rules

16. Continuous Annuities

17. Loan Amortization

18. Bonds

19. Bond Amortization

20. Callable Bonds

21. Spot Rates and Forward Rates

22. Duration

23. Convexity

24. Duration and Convexity of a Portfolio

25. First Order Price Approximation

26. Immunization