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Sample questions for the Society of Actuaries Exam FM in Financial Mathematics. pdf EXAM FM FINANCIAL MATHEMATICS EXAM FM SAMPLE QUESTIONS This set of sample questions includes those published on the interest theory topic for use with previous versions of this In this question, first layer gives a value of 1/i (=PV of level perpetuity of 1 = sum of an infinite geometric progression with common ratio v, which reduces to 1/i) at 1, or v (1/i) at 0 2nd layer 2018-10-exam-fm-sample-questions - Free download as PDF File (. Study with Quizlet and memorize flashcards containing terms like 5. 5 years, so 102 months in the term of the 12 investment. Questions from previous versions of Financial Mathematics (FM) Exam Overview The Financial Mathematics (FM) Exam assesses candidates' understanding of fundamental financial mathematics concepts. Boost your confidence with targeted practice and improve your score. A basic knowledge of calculus is assumed. 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