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CM1B‐05: Interest rates Page 1

i(p), d(p), d, delta

(i) Use a spreadsheet to calculate the values of i (p) (p  2,4,12) , d ( p) (p  2,4,12) , d and 
based on an input value of i  3% . Express your answers as percentages to 3DP.

(ii) Use a spreadsheet to calculate the values of i (p) (p  2,4,12) , d ( p) (p  2,4,12) ,  and i
based on an input value of d  1.4% . Express your answers as percentages to 3DP.

The Actuarial Education Company © IFE: 2019 Examinations

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