|Author||Topic: How Many of the total questions need the use of a Calculator?|
Does anybody know how many of all the questions of the L1 Examination needs the use of a Calculator?
|No, but maybe you can get a feeling for it if you consider how large a proportion of each the Study Session's basic questions (at AnalystNotes) need a calculator, and then multiply that weight with the weight of the subject on the actual exam. Are you thinking about taking the exam without a calculator? If you would by any chance find it difficult to buy a calculator now, there are simulation software available of the HP12C that you may download on the Internet and install on a disketter or similar, and use while you are studying, and then borrow someone's calculator on the actual exam. Search for +HP12C +simulator or +emulator.|
|I used it for about 5-10% of the questions. Most of the question, you can find the answer without a calculator just by looking at the input and the multiple choice question.
But..., you need a calculator for the NPV questions!
|To have a calculator is more safe-Dina Shahin|
I read page 74: notes: the time value of money
Q: what is the future value of an ordinary annuity that pay 150 per year at end of each of next 15 years, earn 7%rate of return?
How to use TI to calculate is 3769.35??
I/Y = 7
PMT = 150 (NEGATIVE SIGN)
N = 15
CFA Discussion Topic: How Many of the total questions need the use of a Calculator?
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.