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Posted: 8/2/2015 2:55:23 PM EDT
[#1]
Quote HistoryQuoted: And you were hounding me with the word "deflection." Quote HistoryQuoted: Quoted: Quoted: You called ME to the mat. Then you tell me to lighten up? You started this. If that's the way you see it, then you're going to have a very hard life. And you were hounding me with the word "deflection." I'm still waiting for your answer to the question. |
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Posted: 8/2/2015 2:55:49 PM EDT
[#2]
Quote HistoryQuoted:
Volatility of a stock Quote HistoryQuoted:
Quoted:
I'm really glad to be done with my MBA. Not a fan of even trying to care what a "beta" is. Yeah, that! 
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Posted: 8/2/2015 2:56:59 PM EDT
[#3]
Not what I was expecting. I thought there was gonna be some kind of political bias in there or something.
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Posted: 8/2/2015 2:57:50 PM EDT
[#4]
Quote HistoryQuoted: Yeah, that! Quote HistoryQuoted: Quoted: Quoted: I'm really glad to be done with my MBA. Not a fan of even trying to care what a "beta" is. Yeah, that! |
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Posted: 8/2/2015 3:04:14 PM EDT
[#5]
Looks like multiplication.
Education, like medical care will be free when these kids hit 18. Robots will teach this class. |
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Posted: 8/2/2015 3:04:33 PM EDT
[#6]
Quoted:
.. asshole. Final Exam tomorrow and I have to deal with this BS. 
https://scontent-mia1-1.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/11222171_10152919627075899_6861937416838383765_n.jpg?oh=61c1abd6718712b2ef6bd80d569b5f5a&oe=564B0EF9 answer: The number does not matter +because you are not accepting their money. and any decent calculator can do it. Unlike when they had to do it by hand. quit whining. |
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Posted: 8/2/2015 3:14:21 PM EDT
[#7]
Quote HistoryQuoted:
Yeah, it's been a while since I've done this kind of stuff, but I don't understand how this could be that difficult. All you have to do is know how to set it up correctly. That's the only hard part. Regardless, good luck on the final OP. Quote HistoryQuoted:
Quoted:
Quoted:
I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1. 
He`s an asshole for asking plug and chug calculation questions? What should the questions be like instead? Yeah, it's been a while since I've done this kind of stuff, but I don't understand how this could be that difficult. All you have to do is know how to set it up correctly. That's the only hard part. Regardless, good luck on the final OP. its not difficult per se, but its a real pain in the ass to have to do it. but that college in a nutshell/ wait until you have a boss and real responsibility. |
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Posted: 8/2/2015 3:18:50 PM EDT
[#8]
Quote HistoryQuoted: its not difficult per se, but its a real pain in the ass to have to do it. but that college in a nutshell/ wait until you have a boss and real responsibility. Quote HistoryQuoted: Quoted: Quoted: Quoted: I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1. He`s an asshole for asking plug and chug calculation questions? What should the questions be like instead? Yeah, it's been a while since I've done this kind of stuff, but I don't understand how this could be that difficult. All you have to do is know how to set it up correctly. That's the only hard part. Regardless, good luck on the final OP. its not difficult per se, but its a real pain in the ass to have to do it. but that college in a nutshell/ wait until you have a boss and real responsibility. I'm 39  I'm a Microsoft SQL DBA for a Fortune 50 company. I have a fat salary, nice bennies and I'm going back to school for personal satisfaction because life gets boring after 35 and the company is paying for it. My current goal is to get an MBA, there's going to be lots of bitching, fussing, cussing, whining and Arfcom posts along the way, but I will have an MBA when all is said and done.  |
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Posted: 8/2/2015 3:37:23 PM EDT
[#9]
Quote HistoryQuoted:
I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1.
Dude....you're just a mathematical asshole! LOL I hate guys like you! Sonofabitch. That would make my brain bleed! Where the fuck were you when I was in college!? 
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Posted: 8/2/2015 4:07:16 PM EDT
[#10]
Dude's an asshole.
Signing you up for a class like that against your will. Next thing you know they'll be expecting you to learn stuff and shit. |
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Posted: 8/2/2015 4:34:17 PM EDT
[#11]
BS in Finance, checking in!
While most problems you face in your career aren't that bad, there are some that are comparable. Guess what I am trying to say is that questions like that, and the ones I had, are quite practical. HOWEVER There is a step or two not included in your exam questions. Take that question. Now then, you don't have the variables. You have to get some of the info from that person or this person. Your answer and recommendation are due by end of business. Some of the people you need info/data from are out, some aren't responding to your email/calls, and the rest just don't have a clue what they are doing or what you are asking. That is when you figure out that plugging and chugging the data is the easy part. Dealing with people who aren't there is the next hardest part. While the roughest part is dealing with the idiots who don't have a clue what they are doing. Oh, I didn't mention those who have some sort of agenda or vendetta against you and will do everything in their power to see you fail. 'Cause it is not like we are on the same team or anything. Fuck teamwork! Right? |
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Posted: 8/2/2015 4:37:21 PM EDT
[#12]
Quote HistoryQuoted: BS in Finance, checking in! While most problems you face in your career aren't that bad, there are some that are comparable. Guess what I am trying to say is that questions like, and the ones I had, are quite practical. HOWEVER There is a step or two not included in your exam questions. Take that question. Now then, you don't have the variables. You have to get some of the info from that person or this person. Your answer and recommendation are due by end of business. Some of the people you need info/data from are out, some aren't responding to your email/calls, and the rest just don't have a clue what they are doing or what you are asking. That is when you figure out that plugging and chugging the data is the easy part. Dealing with people who aren't there is the next hardest part. While the roughest part is dealing with the idiots who don't have a clue what they are doing. Oh, I didn't mention those who have some sort of agenda or vendetta against you and will do everything in their power to see you fail. 'Cause it is not like we are on the same team or anything. Fuck teamwork! Right? lol, that happens in every profession in every industry |
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Posted: 8/2/2015 4:48:34 PM EDT
[#13]
OP thats stuff you learn in your first finance class.
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Posted: 8/2/2015 4:59:07 PM EDT
[#14]
Quote HistoryQuoted:
I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1.
We did that shit the first 3 weeks of my Engineering Econ class. It's nothing for us to have to solve for 5 problems in one test question. Sometimes we only had test with 2 questions, because each one had 10 different things to solve for. Read through all his bullshit wording, he's only trying to confuse you. |
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Posted: 8/2/2015 5:09:34 PM EDT
[#15]
Quote HistoryQuoted: OP thats stuff you learn in your first finance class. I took FIN3403 while working on my BS IT Management and got an A, the Prof's questions were probably 2-3 formulas deep. This guy, in this same FIN3403 class at a different University has me digging formulas out of my ass. It's excruciating to the point of whining, but I'll get through it.
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Posted: 8/2/2015 5:10:18 PM EDT
[#16]
I told a prof he was a fraud once
Fuck that guy |
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Posted: 8/2/2015 5:15:25 PM EDT
[#17]
Quote HistoryQuoted:
In before you get smacked down by the guys with asshole thermo professors. That looks harder than my thermo class was.
I has some similar questions in engineering econ, and they weren't too bad - just boring. I know that I couldn't solve that right now without the help of my book. |
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Posted: 8/2/2015 5:32:45 PM EDT
[#18]
At least your math exam has numbers on it and you are expected to find answers. The last few of mine didn't.
Math theory and proofs suck. |
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Posted: 8/2/2015 5:34:07 PM EDT
[#19]
Quote HistoryQuoted: At least your math exam has numbers on it and you are expected to find answers. The last few of mine didn't. Math theory and proofs suck. Which degree was that for? |
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Posted: 8/2/2015 8:50:41 PM EDT
[#20]
Quote HistoryQuoted:
Which degree was that for? Quote HistoryQuoted:
Quoted:
At least your math exam has numbers on it and you are expected to find answers. The last few of mine didn't. Math theory and proofs suck. Which degree was that for? Electrical engineering. I took some 400-level theoretical math classes as technical electives. Very bad idea, the classes were nothing but proofs. As an engineer I was not happy with "You don't have to find the answer or apply it in a useful manner to the real world, just prove that an answer exists." Give me a nice little Laplace transform any day instead. |
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Posted: 8/2/2015 9:01:50 PM EDT
[#21]
Good thing you went into finance, you're not cut out for engineering.
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Posted: 8/2/2015 9:07:24 PM EDT
[#22]
Quote HistoryQuoted: Good thing you went into finance, you're not cut out for engineering. I could do it, I would probably bitch a lot but I'd get it done. |
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Posted: 8/2/2015 10:19:29 PM EDT
[#23]
Quote HistoryQuoted: I'm 39 I'm a Microsoft SQL DBA for a Fortune 50 company. I have a fat salary, nice bennies and I'm going back to school for personal satisfaction because life gets boring after 35 and the company is paying for it. My current goal is to get an MBA, there's going to be lots of bitching, fussing, cussing, whining and Arfcom posts along the way, but I will have an MBA when all is said and done. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1. He`s an asshole for asking plug and chug calculation questions? What should the questions be like instead? Yeah, it's been a while since I've done this kind of stuff, but I don't understand how this could be that difficult. All you have to do is know how to set it up correctly. That's the only hard part. Regardless, good luck on the final OP. its not difficult per se, but its a real pain in the ass to have to do it. but that college in a nutshell/ wait until you have a boss and real responsibility. I'm 39 I'm a Microsoft SQL DBA for a Fortune 50 company. I have a fat salary, nice bennies and I'm going back to school for personal satisfaction because life gets boring after 35 and the company is paying for it. My current goal is to get an MBA, there's going to be lots of bitching, fussing, cussing, whining and Arfcom posts along the way, but I will have an MBA when all is said and done. |
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Posted: 8/2/2015 10:24:55 PM EDT
[#24]
Quote HistoryQuoted:
Dude is an asshole, who has kids these days? Illegals. Welfare mothers. Dudes in prison. B list Hollywood actors actors and reality stars. |
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Posted: 8/3/2015 9:05:54 AM EDT
[#25]
Quote HistoryQuoted:
Now do it in SQL! https://docs.oracle.com/cd/E12032_01/doc/epm.921/html_techref/funcs/functype.htm#financial 
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Posted: 8/3/2015 9:10:17 AM EDT
[#26]
cannot be figured out until the results of the paternity test come in.
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Posted: 8/3/2015 11:02:56 AM EDT
[#27]
Quote HistoryQuoted:
I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1.
Seems to me that your present value of your deposits would be incorrect, as it doesn't account for the money you pull out to pay tuition. That's a cumulative ~$12k a year that you're no longer getting that ~8% on at the end, so a straight up pv of an annuity calculation would be overly simplistic. |
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Posted: 8/3/2015 11:12:31 AM EDT
[#28]
Quote HistoryQuoted: Seems to me that your present value of your deposits would be incorrect, as it doesn't account for the money you pull out to pay tuition. That's a cumulative ~$12k a year that you're no longer getting that ~8% on at the end, so a straight up pv of an annuity calculation would be overly simplistic. Quote HistoryQuoted: Quoted: I've figured it out, the guy is an asshole because his exam questions are all 3+ formulas deep. You have to solve for Present Value (PV) of Tuition = $10,867.63. Then solve for the Effective Annual Rate (1+.082537184698/1)^1/4 = 2.00247409%. Plug that into a Financial Calc and get the PV of your 84 x $230 deposits growing at 2.00247409% with a Future Value (FV) of $0 = $9,313.78. Then you take the difference between the PV of Tuition and subtract it by the PV of your deposits, $10,867.63-$9313.78 = $1,553.85. Then you have to take the PV of your shortfall and get its future value by plugging it back into the Financial Calc, PV of $1,553.85 at 21 years and 8.2537184698% with a FV of $0 = $8,216.90 = C! That's 5 different problems/formulas in 1. Seems to me that your present value of your deposits would be incorrect, as it doesn't account for the money you pull out to pay tuition. That's a cumulative ~$12k a year that you're no longer getting that ~8% on at the end, so a straight up pv of an annuity calculation would be overly simplistic. She's just going to have to get a job to make up the difference. |
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Posted: 8/3/2015 11:16:21 AM EDT
[#29]
That should be pretty simple for someone in a basic finance class to do. It's a simple time value of money problem. It sucks typing it all into a baii plus but it's not hard. Excel would make it much easier.
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Posted: 8/3/2015 11:23:27 AM EDT
[#30]
Quote HistoryQuoted: That should be pretty simple for someone in a basic finance class to do. It's a simple time value of money problem. It sucks typing it all into a baii plus but it's not hard. Excel would make it much easier. I would kill to have Excel during the exam. The basics of TVM, PV, FV and the other concepts is pretty easy, the hard part is when the questions get complicated and 5+ formulas deep. It's not impossible, just a PITA with just pencil, paper and a basic HP10BII+. |
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Posted: 8/3/2015 11:26:18 AM EDT
[#31]
I'm impressed it's multiple choice.
Is that just for the practice questions? Part of the excitement of waiting for the final grades to be posted is wondering if you were even close in your answer, and having to show your work so the brooding TA can critique your solution with the quickly-draining red pen. 
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Posted: 8/3/2015 11:47:07 AM EDT
[#32]
Quote HistoryQuoted:
Isn't that kind of projection the sort of thing you would actually have to do in business finance? Learn how to set it up on your calculator. Or you could become a marketing major like everyone else. do this so you can manage software engineers your first year out of college. |
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Posted: 8/3/2015 11:57:45 AM EDT
[#33]
I had a question on a finance exam, don't remember exactly but it involved around 30 iterations (no calcluators used on tests, this was the old days when men were men and the few women looked the same).
No one had time to work it through, and when the tests were passed back the TA said, "Oh, you could have worked the first few steps, drawn a wavy line down the page and picked up with the final steps you would have used to solve. We were just looking for the correct procedure, not a lot of basic math." If I'm lyin', I'm dyin'. Voice from the back of the room hollers, "Well, FU!"
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Posted: 8/3/2015 11:58:13 AM EDT
[#34]
Quote HistoryQuoted:
In before you get smacked down by the guys with asshole thermo professors. Yeap. Thermo profs will fuck you so hard you'll wish you were observing a primitive tribe of cannibals with a 15% survival rate for your predecessors. Kharn Posted Via AR15.Com Mobile |
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Posted: 8/3/2015 12:03:41 PM EDT
[#35]
1. Calculate the inflation of tuition for the four relevant years (18 to 21st birthdays).
2. Simple bi-annual compound interest calculation up to year 17. 3. For years 18-21 just do compound interest again, but deduct the payment then compound the rest. 4. The problem says you will be short in year 21. How much you are short is the answer. |
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Posted: 8/3/2015 12:05:13 PM EDT
[#36]
Quote HistoryQuoted: I'm impressed it's multiple choice. Is that just for the practice questions? Part of the excitement of waiting for the final grades to be posted is wondering if you were even close in your answer, and having to show your work so the brooding TA can critique your solution with the quickly-draining red pen. No, the exam is multiple choice. Everything is online these days. I log into the testing website (Canvas and ProctorU.com) tonight at 7PM. They'll take over my home PC, someone will ask me to hold my ID up to the webcam, ask me a few personal questions to verify who I am then and watch me take the entire exam through my webcam. It takes some getting used to. |
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Posted: 8/3/2015 12:05:46 PM EDT
[#37]
Quoted:
.. asshole. Final Exam tomorrow and I have to deal with this BS.
https://scontent-mia1-1.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/11222171_10152919627075899_6861937416838383765_n.jpg?oh=61c1abd6718712b2ef6bd80d569b5f5a&oe=564B0EF9 Answer is... F. By then Dems will have free tuition. |
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Posted: 8/3/2015 12:08:26 PM EDT
[#38]
Quote HistoryQuoted: I log into the testing website (Canvas and ProctorU.com) tonight at 7PM. They'll take over my home PC, someone will ask me to hold my ID up to the webcam, ask me a few personal questions to verify who I am then and watch me take the entire exam through my webcam. It takes some getting used to. |
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Posted: 8/3/2015 12:09:27 PM EDT
[#39]
That is life. I hear women's studies has openings.
Things you deal with in the real world won't be this neatly packaged. |
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Posted: 8/3/2015 12:12:54 PM EDT
[#40]
Quote HistoryQuoted: That is life. I hear women's studies has openings. Things you deal with in the real world won't be this neatly packaged. "You boss needs to tell the shareholders that your market forecast is X. Your current market forecast is Y. How many overly optimistic assumptions do you need to add to make the forecast somewhat plausible?" |
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Posted: 8/3/2015 12:14:11 PM EDT
[#41]
F: Force her to join the Military and get free tuition
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Posted: 8/3/2015 12:15:27 PM EDT
[#42]
Quote HistoryQuoted:
Lets see you get this one Mr Smarty pants
https://scontent-mia1-1.xx.fbcdn.net/hphotos-xtp1/v/t1.0-9/11817020_10152919715990899_383623158895797675_n.jpg?oh=02a94984cef547dc48756359aea1df66&oe=5648B5FD Quote HistoryQuoted:
Quoted:
That's a hard problem for you? Holy shit. Lets see you get this one Mr Smarty pants
https://scontent-mia1-1.xx.fbcdn.net/hphotos-xtp1/v/t1.0-9/11817020_10152919715990899_383623158895797675_n.jpg?oh=02a94984cef547dc48756359aea1df66&oe=5648B5FD F: $0 - Company bankrupt from legal fees due to infringement of Wham-O's property lines. |
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Posted: 8/3/2015 12:16:08 PM EDT
[#43]
I've been thinking about getting a business/finance degree in a few years. Where are you doing it all online?
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Posted: 8/3/2015 12:21:30 PM EDT
[#44]
The answer is $87
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Posted: 8/3/2015 1:04:30 PM EDT
[#45]
Quote HistoryQuoted:
I would kill to have Excel during the exam. The basics of TVM, PV, FV and the other concepts is pretty easy, the hard part is when the questions get complicated and 5+ formulas deep. It's not impossible, just a PITA with just pencil, paper and a basic HP10BII+. Quote HistoryQuoted:
Quoted:
That should be pretty simple for someone in a basic finance class to do. It's a simple time value of money problem. It sucks typing it all into a baii plus but it's not hard. Excel would make it much easier. I would kill to have Excel during the exam. The basics of TVM, PV, FV and the other concepts is pretty easy, the hard part is when the questions get complicated and 5+ formulas deep. It's not impossible, just a PITA with just pencil, paper and a basic HP10BII+. Are you allowed anything to take in to the test? When I taught Business Finance I gave my students the formulas as part of the test. Plugging in numbers is easy. I'd rather they understand the concepts of why WACC, IRR, etc are important than rote memorize a formula. |
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Posted: 8/3/2015 1:44:09 PM EDT
[#46]
Quote HistoryQuoted: Are you allowed anything to take in to the test? When I taught Business Finance I gave my students the formulas as part of the test. Plugging in numbers is easy. I'd rather they understand the concepts of why WACC, IRR, etc are important than rote memorize a formula. Quote HistoryQuoted: Quoted: Quoted: That should be pretty simple for someone in a basic finance class to do. It's a simple time value of money problem. It sucks typing it all into a baii plus but it's not hard. Excel would make it much easier. I would kill to have Excel during the exam. The basics of TVM, PV, FV and the other concepts is pretty easy, the hard part is when the questions get complicated and 5+ formulas deep. It's not impossible, just a PITA with just pencil, paper and a basic HP10BII+. Are you allowed anything to take in to the test? When I taught Business Finance I gave my students the formulas as part of the test. Plugging in numbers is easy. I'd rather they understand the concepts of why WACC, IRR, etc are important than rote memorize a formula. We're allowed to use a reference sheet that he supplies, its more of a super condensed version of the book appendix. It's more confusing than helpful just because it's every formula in the entire book without much explanation as to what it is you're looking at. I'm hoping for a good curve The first exam he curved the entire class by 24 points, 24 points out of 100. I'd never seen one that high. |
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Posted: 8/3/2015 1:51:34 PM EDT
[#47]
Quote HistoryQuoted:
We're allowed to use a reference sheet that he supplies, its more of a super condensed version of the book appendix. It's more confusing than helpful just because it's every formula in the entire book without much explanation as to what it is you're looking at. I'm hoping for a good curve
The first exam he curved the entire class by 24 points, 24 points out of 100. I'd never seen one that high. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
That should be pretty simple for someone in a basic finance class to do. It's a simple time value of money problem. It sucks typing it all into a baii plus but it's not hard. Excel would make it much easier. I would kill to have Excel during the exam. The basics of TVM, PV, FV and the other concepts is pretty easy, the hard part is when the questions get complicated and 5+ formulas deep. It's not impossible, just a PITA with just pencil, paper and a basic HP10BII+. Are you allowed anything to take in to the test? When I taught Business Finance I gave my students the formulas as part of the test. Plugging in numbers is easy. I'd rather they understand the concepts of why WACC, IRR, etc are important than rote memorize a formula. We're allowed to use a reference sheet that he supplies, its more of a super condensed version of the book appendix. It's more confusing than helpful just because it's every formula in the entire book without much explanation as to what it is you're looking at. I'm hoping for a good curve
The first exam he curved the entire class by 24 points, 24 points out of 100. I'd never seen one that high. The first semester I taught Finance, I created my own test. I used some of the multiple choice questions from the teacher's manual and some problems like the ones you posted. I gave it to one of my friends in grad school with me to take. It took him about 45 minutes which I figured was right for an hour and fifteen minute class. At the two hour mark not a single student had left and they started to look like they were going to turn on me. I told them to turn it in and I would only grade the questions they had answered. I ended up giving a similar curve.
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Posted: 8/3/2015 2:07:18 PM EDT
[#48]
It's a trick question.
The answer is $0 because Bernie Sanders would have made college free by then. |
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Posted: 8/3/2015 2:11:18 PM EDT
[#49]
Quote HistoryQuoted: The first semester I taught Finance, I created my own test. I used some of the multiple choice questions from the teacher's manual and some problems like the ones you posted. I gave it to one of my friends in grad school with me to take. It took him about 45 minutes which I figured was right for an hour and fifteen minute class. At the two hour mark not a single student had left and they started to look like they were going to turn on me. I told them to turn it in and I would only grade the questions they had answered. I ended up giving a similar curve. How many students thought you were an asshole and how were the course evaluations? |
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Posted: 8/3/2015 2:18:26 PM EDT
[#50]
Quote HistoryQuoted:
It's a trick question. The answer is $0 because Bernie Sanders would have made college free by then. Shit, beat me to it. If not Sanders then the next thinly veiled commie to win by giving away OPM.
OP - you, for one, should welcome your new socialist overlords. 
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