IFoA Exam IFoA_CAA_M0 Topic 5 Question 69 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 69
Topic #: 5

[All IFoA_CAA_M0 Questions]

Calculate the sum of the followingnon-terminating progression:

2/10, 2/40, 2/160, 2/640,...

A0.174

B0.266

C0.267

D0.406

Show Suggested Answer

Suggested Answer: C

by Bette at Sep 11, 2024, 01:25 AM

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Aleta

3 months ago

Is it just me, or does this progression look like it's trying to hypnotize me? Focus, Aleta, focus!

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Portia

2 months ago

C) 0.267

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Rolande

2 months ago

B) 0.266

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Iola

2 months ago

A) 0.174

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Royce

3 months ago

Man, I wish I had a crystal ball to see the answer. Maybe I can just guess and hope for the best?

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Nikita

3 months ago

Okay, time to bust out the calculator and start crunching the numbers. This better not be one of those sneaky questions.

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Ivette

1 months ago

D) 0.406

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Stefania

2 months ago

C) 0.267

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Allene

2 months ago

B) 0.266

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Stevie

2 months ago

A) 0.174

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Truman

3 months ago

Wait, is this a trick question? I feel like I'm missing something obvious.

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Bettina

3 months ago

Ooh, I love these geometric progression questions! Let's see, what's the common ratio here...

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Tomas

2 months ago

So the sum is 2/10 / (1 - 1/4) = 2/10 / (3/4) = 8/30 = 4/15 = 0.266.

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Blondell

2 months ago

The common ratio is 1/4.

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Stanford

3 months ago

So, the answer is B) 0.266.

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Lawanda

3 months ago

Which is equal to 0.266.

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Bea

3 months ago

So, the sum would be 2/10 / (1 - 1/4) = 2/10 / (3/4) = 8/30 = 4/15.

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Thaddeus

3 months ago

The common ratio is 1/4.

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Taryn

3 months ago

Hmm, this looks like a tricky one. I'll have to think through this step-by-step.

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Erick

3 months ago

I calculated it and got D) 0.406 as the answer.

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Josephine

3 months ago

I disagree, I believe the answer is C) 0.267.

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Haley

4 months ago

I think the answer is B) 0.266.

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