Sample FE Exam Problems

What to do: Find F from a Uniform Series (A) and Vice Versa
How to do it:

  1. By doing annual updating of a certain production line, a manufacturing company can avoid spending $100,000 for a new system ten years from now. At an interest rate of 10% per year, the annual amount the company could afford to spend beginning one year from now is nearest to:

    1. $6,270
    2. $16,270
    3. $24,190
    4. $38,550
     

  2. At an interest rate of 10% per year, annual deposits of $1,000 in years one through ten would accumulate to how much immediately after the last deposit?

    1. $6,145
    2. $15,937
    3. $19,062
    4. $22,819
     

  3. If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after ten years will be nearest to:

    1. $479,000
    2. $785,000
    3. $2,153,000
    4. $3,528,000
     
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