id
string
program
string
topic
string
subtopic
string
difficulty
string
question_type
string
question
string
answer
string
distractors
list
reasoning_trace
string
verified
bool
verification
dict
metadata
dict
preference_pair
dict
cosimo_CFA_Level_I_100978_9aa58790d436d2f7
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $14,700 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 96 months.
1,805,579.56
[ "1,814,607.46", "1,411,200.00", "1,625,021.61" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 96 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 122.8285. Step 3. FV = PMT × factor = 14,700 × 122.8285 = 1,805,579.56. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 729978000, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 729978000, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_101978_abbcc4c46ed884ce
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $50,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 96 months.
6,787,137.16
[ "6,832,384.74", "4,867,200.00", "6,108,423.44" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 96 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 133.8686. Step 3. FV = PMT × factor = 50,700 × 133.8686 = 6,787,137.16. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 729985919, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 729985919, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_102978_2fbcbc764a3f4c88
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $52,200 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 120 months.
7,686,439.81
[ "7,712,061.27", "6,264,000.00", "6,917,795.83" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 120 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 147.2498. Step 3. FV = PMT × factor = 52,200 × 147.2498 = 7,686,439.81. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 729993838, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 729993838, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_103978_44359974ab2f7c63
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $76,600 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 84 months.
7,411,368.59
[ "7,436,073.15", "6,434,400.00", "6,670,231.73" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542. Step 3. FV = PMT × factor = 76,600 × 96.7542 = 7,411,368.59. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730001757, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730001757, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_104978_7219225f9cba422f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $86,800 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 108 months.
12,389,823.30
[ "12,451,772.41", "9,374,400.00", "11,150,840.97" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 108 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 142.7399. Step 3. FV = PMT × factor = 86,800 × 142.7399 = 12,389,823.30. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "12,451,772.41", "method": "reference_code_exec", "recomputed": true, "seed": 730009676, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730009676, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "12,389,823.30", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 108 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 142.7399.\nStep 3. FV = PMT × factor = 86,800 × 142.7399 = ...
cosimo_CFA_Level_I_105978_020497d84da4a339
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $86,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 120 months.
15,861,421.25
[ "15,967,164.06", "10,404,000.00", "14,275,279.13" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 120 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 182.9460. Step 3. FV = PMT × factor = 86,700 × 182.9460 = 15,861,421.25. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730017595, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730017595, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_106978_e6e0c191cc42d63c
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $50,600 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 36 months.
2,051,099.22
[ "2,064,773.22", "1,821,600.00", "1,845,989.30" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 36 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 40.5356. Step 3. FV = PMT × factor = 50,600 × 40.5356 = 2,051,099.22. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730025514, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730025514, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_107978_2e0f2c776ae993bb
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $54,600 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 48 months.
3,076,705.36
[ "3,097,216.73", "2,620,800.00", "2,769,034.83" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 48 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 56.3499. Step 3. FV = PMT × factor = 54,600 × 56.3499 = 3,076,705.36. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730033433, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730033433, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_108978_f0a5c3837bf67a1d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $11,000 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 72 months.
980,770.38
[ "986,491.54", "792,000.00", "882,693.34" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609. Step 3. FV = PMT × factor = 11,000 × 89.1609 = 980,770.38. Step 4. Deposits are END-of-month → ordinary annuity stands. Dist...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730041352, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730041352, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_109978_fd9d2a9ff67c9239
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $57,900 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 60 months.
4,145,229.01
[ "4,169,409.51", "3,474,000.00", "3,730,706.10" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929. Step 3. FV = PMT × factor = 57,900 × 71.5929 = 4,145,229.01. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "4,169,409.51", "method": "reference_code_exec", "recomputed": true, "seed": 730049271, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730049271, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "4,145,229.01", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929.\nStep 3. FV = PMT × factor = 57,900 × 71.5929 = 4,14...
cosimo_CFA_Level_I_110978_0ba91fc3473e8b6d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $69,300 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 36 months.
2,767,155.98
[ "2,783,297.72", "2,494,800.00", "2,490,440.38" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 36 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.9301. Step 3. FV = PMT × factor = 69,300 × 39.9301 = 2,767,155.98. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730057190, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730057190, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_111978_783b29094cb3d429
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $18,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 72 months.
1,720,873.58
[ "1,732,346.07", "1,346,400.00", "1,548,786.22" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 72 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 92.0253. Step 3. FV = PMT × factor = 18,700 × 92.0253 = 1,720,873.58. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730065109, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730065109, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_112978_b58bdfbe7598ba4a
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $72,000 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 48 months.
3,817,071.73
[ "3,832,976.20", "3,456,000.00", "3,435,364.56" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 48 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 53.0149. Step 3. FV = PMT × factor = 72,000 × 53.0149 = 3,817,071.73. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,832,976.20", "method": "reference_code_exec", "recomputed": true, "seed": 730073028, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730073028, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,817,071.73", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 48 periods.\nStep 1. Periodic rate r = 0.05/12 = 0.0042.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 53.0149.\nStep 3. FV = PMT × factor = 72,000 × 53.0149 = 3,81...
cosimo_CFA_Level_I_113978_bef96af8d4f7ea1e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $79,000 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 96 months.
10,127,706.86
[ "10,186,785.15", "7,584,000.00", "9,114,936.18" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 96 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 128.1988. Step 3. FV = PMT × factor = 79,000 × 128.1988 = 10,127,706.86. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "10,186,785.15", "method": "reference_code_exec", "recomputed": true, "seed": 730080947, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730080947, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "10,127,706.86", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 96 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 128.1988.\nStep 3. FV = PMT × factor = 79,000 × 128.1988 = 1...
cosimo_CFA_Level_I_114978_8b8a776ede8108a7
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $60,000 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 72 months.
4,873,353.82
[ "4,889,598.34", "4,320,000.00", "4,386,018.44" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 72 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 81.2226. Step 3. FV = PMT × factor = 60,000 × 81.2226 = 4,873,353.82. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730088866, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730088866, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_115978_bb32c19c282e4d62
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $78,000 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 72 months.
6,533,612.17
[ "6,560,835.55", "5,616,000.00", "5,880,250.95" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 72 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 83.7643. Step 3. FV = PMT × factor = 78,000 × 83.7643 = 6,533,612.17. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730096785, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730096785, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_116978_33809a0f51ef7c0f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $36,900 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 60 months.
2,641,778.07
[ "2,657,188.44", "2,214,000.00", "2,377,600.26" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929. Step 3. FV = PMT × factor = 36,900 × 71.5929 = 2,641,778.07. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730104704, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730104704, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_117978_c7b7a9a7b4707e29
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $79,500 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 96 months.
10,191,806.27
[ "10,251,258.48", "7,632,000.00", "9,172,625.64" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 96 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 128.1988. Step 3. FV = PMT × factor = 79,500 × 128.1988 = 10,191,806.27. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730112623, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730112623, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_118978_8971f92bebe57e8d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $37,200 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 108 months.
5,856,378.72
[ "5,895,421.24", "4,017,600.00", "5,270,740.84" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 108 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 157.4295. Step 3. FV = PMT × factor = 37,200 × 157.4295 = 5,856,378.72. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,895,421.24", "method": "reference_code_exec", "recomputed": true, "seed": 730120542, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730120542, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,856,378.72", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 108 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 157.4295.\nStep 3. FV = PMT × factor = 37,200 × 157.4295 = 5...
cosimo_CFA_Level_I_119978_1e020188fb63588c
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $30,800 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 96 months.
4,123,152.36
[ "4,150,640.04", "2,956,800.00", "3,710,837.12" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 96 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 133.8686. Step 3. FV = PMT × factor = 30,800 × 133.8686 = 4,123,152.36. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730128461, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730128461, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_120978_b6646d37640c1ef2
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $42,500 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 84 months.
4,112,051.76
[ "4,125,758.60", "3,570,000.00", "3,700,846.59" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542. Step 3. FV = PMT × factor = 42,500 × 96.7542 = 4,112,051.76. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730136380, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730136380, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_121978_9cfa6fadb16a6218
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $49,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 60 months.
3,651,799.76
[ "3,676,145.09", "2,982,000.00", "3,286,619.78" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 60 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 73.4769. Step 3. FV = PMT × factor = 49,700 × 73.4769 = 3,651,799.76. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,676,145.09", "method": "reference_code_exec", "recomputed": true, "seed": 730144299, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730144299, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,651,799.76", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 60 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 73.4769.\nStep 3. FV = PMT × factor = 49,700 × 73.4769 = 3,65...
cosimo_CFA_Level_I_122978_b09fb4f424893ea2
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $80,500 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 60 months.
5,616,487.46
[ "5,644,569.89", "4,830,000.00", "5,054,838.71" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 60 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 69.7700. Step 3. FV = PMT × factor = 80,500 × 69.7700 = 5,616,487.46. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,644,569.89", "method": "reference_code_exec", "recomputed": true, "seed": 730152218, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730152218, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,616,487.46", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 60 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 69.7700.\nStep 3. FV = PMT × factor = 80,500 × 69.7700 = 5,61...
cosimo_CFA_Level_I_123978_ab2cf744c7652a2c
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $74,900 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 120 months.
11,630,642.73
[ "11,679,103.74", "8,988,000.00", "10,467,578.46" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 120 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 155.2823. Step 3. FV = PMT × factor = 74,900 × 155.2823 = 11,630,642.73. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730160137, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730160137, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_124978_8cbd622bd5cf1b9f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $58,400 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 108 months.
7,576,902.08
[ "7,602,158.42", "6,307,200.00", "6,819,211.87" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 108 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 129.7415. Step 3. FV = PMT × factor = 58,400 × 129.7415 = 7,576,902.08. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730168056, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730168056, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_125978_fae70f78144ebd30
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $61,400 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 120 months.
10,627,407.18
[ "10,689,400.38", "7,368,000.00", "9,564,666.46" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 120 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 173.0848. Step 3. FV = PMT × factor = 61,400 × 173.0848 = 10,627,407.18. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "10,689,400.38", "method": "reference_code_exec", "recomputed": true, "seed": 730175975, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730175975, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "10,627,407.18", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 120 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 173.0848.\nStep 3. FV = PMT × factor = 61,400 × 173.0848 = ...
cosimo_CFA_Level_I_126978_1a343022ac78659f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $46,500 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 60 months.
3,244,306.42
[ "3,260,527.95", "2,790,000.00", "2,919,875.78" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 60 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 69.7700. Step 3. FV = PMT × factor = 46,500 × 69.7700 = 3,244,306.42. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730183894, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730183894, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_127978_02c675441dd785d1
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $54,300 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 84 months.
5,253,750.84
[ "5,271,263.35", "4,561,200.00", "4,728,375.76" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542. Step 3. FV = PMT × factor = 54,300 × 96.7542 = 5,253,750.84. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,271,263.35", "method": "reference_code_exec", "recomputed": true, "seed": 730191813, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730191813, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,253,750.84", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542.\nStep 3. FV = PMT × factor = 54,300 × 96.7542 = 5,25...
cosimo_CFA_Level_I_128978_2f63a4add13f22c1
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $50,500 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 84 months.
5,453,948.53
[ "5,485,763.22", "4,242,000.00", "4,908,553.67" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 84 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 107.9990. Step 3. FV = PMT × factor = 50,500 × 107.9990 = 5,453,948.53. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,485,763.22", "method": "reference_code_exec", "recomputed": true, "seed": 730199732, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730199732, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,453,948.53", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 84 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 107.9990.\nStep 3. FV = PMT × factor = 50,500 × 107.9990 = 5,...
cosimo_CFA_Level_I_129978_cb0827f336fb02e3
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $10,600 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 48 months.
573,437.02
[ "576,304.21", "508,800.00", "516,093.32" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 48 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 54.0978. Step 3. FV = PMT × factor = 10,600 × 54.0978 = 573,437.02. Step 4. Deposits are END-of-month → ordinary annuity stands. Dist...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "576,304.21", "method": "reference_code_exec", "recomputed": true, "seed": 730207651, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730207651, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "573,437.02", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 48 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 54.0978.\nStep 3. FV = PMT × factor = 10,600 × 54.0978 = 573,43...
cosimo_CFA_Level_I_130978_e8bef80eb7c52912
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $28,600 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 36 months.
1,108,345.40
[ "1,112,963.50", "1,029,600.00", "997,510.86" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 36 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 38.7533. Step 3. FV = PMT × factor = 28,600 × 38.7533 = 1,108,345.40. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730215570, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730215570, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_131978_097d41d4b7792efd
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $54,200 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 36 months.
2,132,016.89
[ "2,142,676.97", "1,951,200.00", "1,918,815.20" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 36 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.3361. Step 3. FV = PMT × factor = 54,200 × 39.3361 = 2,132,016.89. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730223489, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730223489, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_132978_b2980ce160d7b66d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $35,700 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 60 months.
2,366,873.52
[ "2,374,763.10", "2,142,000.00", "2,130,186.17" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 60 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 66.2990. Step 3. FV = PMT × factor = 35,700 × 66.2990 = 2,366,873.52. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730231408, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730231408, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_133978_ffdcbe8e5ab21d10
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $51,600 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
5,826,596.45
[ "5,846,018.43", "4,953,600.00", "5,243,936.80" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 51,600 × 112.9185 = 5,826,596.45. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730239327, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730239327, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_134978_aae96db002bb8fb5
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $54,900 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
6,199,227.61
[ "6,219,891.71", "5,270,400.00", "5,579,304.85" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 54,900 × 112.9185 = 6,199,227.61. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730247246, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730247246, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_135978_7533d4ed51de8778
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $87,400 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 108 months.
11,890,175.32
[ "11,939,717.72", "9,439,200.00", "10,701,157.79" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 108 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 136.0432. Step 3. FV = PMT × factor = 87,400 × 136.0432 = 11,890,175.32. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730255165, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730255165, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_136978_d5fb95628403ca3a
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $50,500 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 84 months.
5,255,733.32
[ "5,282,011.99", "4,242,000.00", "4,730,159.99" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739. Step 3. FV = PMT × factor = 50,500 × 104.0739 = 5,255,733.32. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730263084, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730263084, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_137978_361e0d160ba4032e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $44,000 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 84 months.
4,257,183.00
[ "4,271,373.61", "3,696,000.00", "3,831,464.70" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542. Step 3. FV = PMT × factor = 44,000 × 96.7542 = 4,257,183.00. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730271003, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730271003, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_138978_83014f3bc7d8f33e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $83,500 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 108 months.
11,918,781.63
[ "11,978,375.54", "9,018,000.00", "10,726,903.47" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 108 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 142.7399. Step 3. FV = PMT × factor = 83,500 × 142.7399 = 11,918,781.63. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730278922, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730278922, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_139978_ba42f49c549742c0
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $10,900 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 36 months.
428,763.54
[ "430,907.36", "392,400.00", "385,887.19" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 36 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.3361. Step 3. FV = PMT × factor = 10,900 × 39.3361 = 428,763.54. Step 4. Deposits are END-of-month → ordinary annuity stands. Dist...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730286841, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730286841, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_140978_feac76452fa08096
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $42,100 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 72 months.
3,753,675.72
[ "3,775,572.17", "3,031,200.00", "3,378,308.15" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609. Step 3. FV = PMT × factor = 42,100 × 89.1609 = 3,753,675.72. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,775,572.17", "method": "reference_code_exec", "recomputed": true, "seed": 730294760, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730294760, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,753,675.72", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609.\nStep 3. FV = PMT × factor = 42,100 × 89.1609 = 3,75...
cosimo_CFA_Level_I_141978_bd0ef2880e5d43e3
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $23,500 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 36 months.
897,266.72
[ "900,257.60", "846,000.00", "807,540.04" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 36 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 38.1816. Step 3. FV = PMT × factor = 23,500 × 38.1816 = 897,266.72. Step 4. Deposits are END-of-month → ordinary annuity stands. Dist...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730302679, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730302679, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_142978_2ce1e5f323d0ef29
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $74,700 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 48 months.
4,124,129.94
[ "4,148,187.37", "3,585,600.00", "3,711,716.95" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 48 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 55.2092. Step 3. FV = PMT × factor = 74,700 × 55.2092 = 4,124,129.94. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730310598, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730310598, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_143978_88d56e7c12212ab0
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $89,400 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 60 months.
5,927,128.65
[ "5,946,885.75", "5,364,000.00", "5,334,415.78" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 60 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 66.2990. Step 3. FV = PMT × factor = 89,400 × 66.2990 = 5,927,128.65. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730318517, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730318517, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_144978_fd6d75e6cc566a77
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $12,000 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
1,355,022.43
[ "1,359,539.17", "1,152,000.00", "1,219,520.19" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 12,000 × 112.9185 = 1,355,022.43. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "1,359,539.17", "method": "reference_code_exec", "recomputed": true, "seed": 730326436, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730326436, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "1,355,022.43", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185.\nStep 3. FV = PMT × factor = 12,000 × 112.9185 = 1,...
cosimo_CFA_Level_I_145978_8ecc8ffa75fa8c74
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $26,300 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 96 months.
3,230,390.65
[ "3,246,542.60", "2,524,800.00", "2,907,351.58" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 96 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 122.8285. Step 3. FV = PMT × factor = 26,300 × 122.8285 = 3,230,390.65. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,246,542.60", "method": "reference_code_exec", "recomputed": true, "seed": 730334355, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730334355, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,230,390.65", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 96 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 122.8285.\nStep 3. FV = PMT × factor = 26,300 × 122.8285 = 3,...
cosimo_CFA_Level_I_146978_ec8be656a95cfe68
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $77,800 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 72 months.
6,936,721.41
[ "6,977,185.62", "5,601,600.00", "6,243,049.27" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609. Step 3. FV = PMT × factor = 77,800 × 89.1609 = 6,936,721.41. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730342274, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730342274, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_147978_e2326f438e36192b
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $45,200 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 96 months.
6,050,859.95
[ "6,091,199.02", "4,339,200.00", "5,445,773.96" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 96 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 133.8686. Step 3. FV = PMT × factor = 45,200 × 133.8686 = 6,050,859.95. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730350193, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730350193, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_148978_5808c535dc272d65
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $48,500 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 36 months.
1,936,609.88
[ "1,947,906.78", "1,746,000.00", "1,742,948.90" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 36 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.9301. Step 3. FV = PMT × factor = 48,500 × 39.9301 = 1,936,609.88. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "1,947,906.78", "method": "reference_code_exec", "recomputed": true, "seed": 730358112, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730358112, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "1,936,609.88", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 36 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.9301.\nStep 3. FV = PMT × factor = 48,500 × 39.9301 = 1,93...
cosimo_CFA_Level_I_149978_3233655e2aff1a96
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $37,600 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 72 months.
3,149,536.12
[ "3,162,659.19", "2,707,200.00", "2,834,582.51" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 72 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 83.7643. Step 3. FV = PMT × factor = 37,600 × 83.7643 = 3,149,536.12. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,162,659.19", "method": "reference_code_exec", "recomputed": true, "seed": 730366031, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730366031, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,149,536.12", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 72 periods.\nStep 1. Periodic rate r = 0.05/12 = 0.0042.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 83.7643.\nStep 3. FV = PMT × factor = 37,600 × 83.7643 = 3,14...
cosimo_CFA_Level_I_150978_34c19606922bc854
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $19,800 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
2,235,787.01
[ "2,243,239.63", "1,900,800.00", "2,012,208.31" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 19,800 × 112.9185 = 2,235,787.01. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "2,243,239.63", "method": "reference_code_exec", "recomputed": true, "seed": 730373950, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730373950, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "2,235,787.01", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185.\nStep 3. FV = PMT × factor = 19,800 × 112.9185 = 2,...
cosimo_CFA_Level_I_151978_5e5473fb9fc19218
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $24,800 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 72 months.
2,077,353.61
[ "2,086,009.25", "1,785,600.00", "1,869,618.25" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 72 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 83.7643. Step 3. FV = PMT × factor = 24,800 × 83.7643 = 2,077,353.61. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730381869, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730381869, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_152978_3948ebdcd95eb326
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $70,500 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 108 months.
9,146,773.92
[ "9,177,263.16", "7,614,000.00", "8,232,096.53" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 108 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 129.7415. Step 3. FV = PMT × factor = 70,500 × 129.7415 = 9,146,773.92. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "9,177,263.16", "method": "reference_code_exec", "recomputed": true, "seed": 730389788, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730389788, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "9,146,773.92", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 108 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 129.7415.\nStep 3. FV = PMT × factor = 70,500 × 129.7415 = 9...
cosimo_CFA_Level_I_153978_8ffb657a6969c69e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $25,200 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 36 months.
991,269.85
[ "996,226.19", "907,200.00", "892,142.86" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 36 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.3361. Step 3. FV = PMT × factor = 25,200 × 39.3361 = 991,269.85. Step 4. Deposits are END-of-month → ordinary annuity stands. Dist...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730397707, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730397707, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_154978_5085235d44d94028
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $18,500 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 108 months.
2,912,446.40
[ "2,931,862.71", "1,998,000.00", "2,621,201.76" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 108 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 157.4295. Step 3. FV = PMT × factor = 18,500 × 157.4295 = 2,912,446.40. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730405626, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730405626, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_155978_22a5272d91da5638
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $20,100 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 120 months.
3,677,215.31
[ "3,701,730.08", "2,412,000.00", "3,309,493.78" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 120 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 182.9460. Step 3. FV = PMT × factor = 20,100 × 182.9460 = 3,677,215.31. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730413545, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730413545, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_156978_179d1fac01edec44
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $58,100 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 96 months.
7,448,351.50
[ "7,491,800.22", "5,577,600.00", "6,703,516.35" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 96 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 128.1988. Step 3. FV = PMT × factor = 58,100 × 128.1988 = 7,448,351.50. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730421464, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730421464, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_157978_976c66c8e1991440
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $66,500 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 108 months.
9,965,617.48
[ "10,023,750.25", "7,182,000.00", "8,969,055.73" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 108 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 149.8589. Step 3. FV = PMT × factor = 66,500 × 149.8589 = 9,965,617.48. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730429383, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730429383, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_158978_b9ee6c5fd6c78a0a
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $34,000 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 96 months.
4,176,170.42
[ "4,197,051.27", "3,264,000.00", "3,758,553.38" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 96 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 122.8285. Step 3. FV = PMT × factor = 34,000 × 122.8285 = 4,176,170.42. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730437302, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730437302, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_159978_4f629fa2716991d3
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $61,300 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 84 months.
6,379,731.74
[ "6,411,630.40", "5,149,200.00", "5,741,758.56" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739. Step 3. FV = PMT × factor = 61,300 × 104.0739 = 6,379,731.74. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "6,411,630.40", "method": "reference_code_exec", "recomputed": true, "seed": 730445221, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730445221, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "6,379,731.74", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739.\nStep 3. FV = PMT × factor = 61,300 × 104.0739 = 6,...
cosimo_CFA_Level_I_160978_e96c6014f1c36661
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $52,800 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 48 months.
2,743,466.93
[ "2,752,611.82", "2,534,400.00", "2,469,120.24" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 48 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 51.9596. Step 3. FV = PMT × factor = 52,800 × 51.9596 = 2,743,466.93. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730453140, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730453140, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_161978_2ce6e71af06cc8c5
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $88,900 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 84 months.
9,252,172.13
[ "9,298,432.99", "7,467,600.00", "8,326,954.92" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739. Step 3. FV = PMT × factor = 88,900 × 104.0739 = 9,252,172.13. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730461059, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730461059, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_162978_a8a2b8f9d33729b3
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $86,400 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 48 months.
4,489,309.53
[ "4,504,273.89", "4,147,200.00", "4,040,378.57" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 48 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 51.9596. Step 3. FV = PMT × factor = 86,400 × 51.9596 = 4,489,309.53. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "4,504,273.89", "method": "reference_code_exec", "recomputed": true, "seed": 730468978, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730468978, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "4,489,309.53", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 48 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 51.9596.\nStep 3. FV = PMT × factor = 86,400 × 51.9596 = 4,48...
cosimo_CFA_Level_I_163978_d14496469fda39f4
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $34,400 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 108 months.
5,415,576.02
[ "5,451,679.86", "3,715,200.00", "4,874,018.41" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 108 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 157.4295. Step 3. FV = PMT × factor = 34,400 × 157.4295 = 5,415,576.02. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730476897, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730476897, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_164978_f3cb0a414f789203
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $87,200 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 84 months.
8,436,962.68
[ "8,465,085.89", "7,324,800.00", "7,593,266.41" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542. Step 3. FV = PMT × factor = 87,200 × 96.7542 = 8,436,962.68. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "8,465,085.89", "method": "reference_code_exec", "recomputed": true, "seed": 730484816, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730484816, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "8,436,962.68", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 84 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 96.7542.\nStep 3. FV = PMT × factor = 87,200 × 96.7542 = 8,43...
cosimo_CFA_Level_I_165978_b99d40b03ebfbabe
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $66,600 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 72 months.
5,409,422.74
[ "5,427,454.15", "4,795,200.00", "4,868,480.47" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 72 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 81.2226. Step 3. FV = PMT × factor = 66,600 × 81.2226 = 5,409,422.74. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,427,454.15", "method": "reference_code_exec", "recomputed": true, "seed": 730492735, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730492735, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,409,422.74", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 72 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 81.2226.\nStep 3. FV = PMT × factor = 66,600 × 81.2226 = 5,40...
cosimo_CFA_Level_I_166978_e30b79af996aef14
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $52,300 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 72 months.
4,812,924.50
[ "4,845,010.67", "3,765,600.00", "4,331,632.05" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 72 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 92.0253. Step 3. FV = PMT × factor = 52,300 × 92.0253 = 4,812,924.50. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "4,845,010.67", "method": "reference_code_exec", "recomputed": true, "seed": 730500654, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730500654, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "4,812,924.50", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 72 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 92.0253.\nStep 3. FV = PMT × factor = 52,300 × 92.0253 = 4,81...
cosimo_CFA_Level_I_167978_0174b1ef1c64e100
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $87,200 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 60 months.
6,242,901.02
[ "6,279,317.95", "5,232,000.00", "5,618,610.92" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929. Step 3. FV = PMT × factor = 87,200 × 71.5929 = 6,242,901.02. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "6,279,317.95", "method": "reference_code_exec", "recomputed": true, "seed": 730508573, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730508573, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "6,242,901.02", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods.\nStep 1. Periodic rate r = 0.07/12 = 0.0058.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929.\nStep 3. FV = PMT × factor = 87,200 × 71.5929 = 6,24...
cosimo_CFA_Level_I_168978_18f8e46a3abb7e1d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $74,500 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 120 months.
10,970,110.45
[ "11,006,677.49", "8,940,000.00", "9,873,099.41" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 120 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 147.2498. Step 3. FV = PMT × factor = 74,500 × 147.2498 = 10,970,110.45. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730516492, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730516492, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_169978_673f2889fdcb5a11
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $81,300 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 36 months.
3,246,317.19
[ "3,265,254.04", "2,926,800.00", "2,921,685.47" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 36 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.9301. Step 3. FV = PMT × factor = 81,300 × 39.9301 = 3,246,317.19. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730524411, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730524411, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_170978_c4fa07e1c1f5fecf
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $67,300 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 84 months.
7,268,331.40
[ "7,310,730.00", "5,653,200.00", "6,541,498.26" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 84 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 107.9990. Step 3. FV = PMT × factor = 67,300 × 107.9990 = 7,268,331.40. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730532330, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730532330, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_171978_dc7892101612ab9d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $13,500 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 84 months.
1,354,436.81
[ "1,360,080.30", "1,134,000.00", "1,218,993.13" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 84 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 100.3287. Step 3. FV = PMT × factor = 13,500 × 100.3287 = 1,354,436.81. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730540249, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730540249, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_172978_18cb201ebcfc6c61
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $20,300 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 48 months.
1,098,185.99
[ "1,103,676.92", "974,400.00", "988,367.39" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 48 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 54.0978. Step 3. FV = PMT × factor = 20,300 × 54.0978 = 1,098,185.99. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730548168, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730548168, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_173978_611fe7730d8ad64c
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $33,200 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 120 months.
6,073,808.37
[ "6,114,300.42", "3,984,000.00", "5,466,427.53" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 120 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 182.9460. Step 3. FV = PMT × factor = 33,200 × 182.9460 = 6,073,808.37. Step 4. Deposits are END-of-month → ordinary annuity stands....
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730556087, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730556087, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_174978_46bd6dde5f401558
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $17,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 72 months.
1,628,848.25
[ "1,639,707.24", "1,274,400.00", "1,465,963.43" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 72 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 92.0253. Step 3. FV = PMT × factor = 17,700 × 92.0253 = 1,628,848.25. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "1,639,707.24", "method": "reference_code_exec", "recomputed": true, "seed": 730564006, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730564006, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "1,628,848.25", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 72 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 92.0253.\nStep 3. FV = PMT × factor = 17,700 × 92.0253 = 1,62...
cosimo_CFA_Level_I_175978_73041298a8a2cdff
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $67,700 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 96 months.
8,315,492.27
[ "8,357,069.73", "6,499,200.00", "7,483,943.05" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 96 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 122.8285. Step 3. FV = PMT × factor = 67,700 × 122.8285 = 8,315,492.27. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730571925, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730571925, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_176978_2d0f0cfec5e52d74
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $27,900 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
3,150,427.15
[ "3,160,928.57", "2,678,400.00", "2,835,384.43" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 27,900 × 112.9185 = 3,150,427.15. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730579844, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730579844, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_177978_e316f5dde1e3687b
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $64,800 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 36 months.
2,626,704.14
[ "2,644,215.50", "2,332,800.00", "2,364,033.73" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 36 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 40.5356. Step 3. FV = PMT × factor = 64,800 × 40.5356 = 2,626,704.14. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "2,644,215.50", "method": "reference_code_exec", "recomputed": true, "seed": 730587763, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730587763, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "2,626,704.14", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 36 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 40.5356.\nStep 3. FV = PMT × factor = 64,800 × 40.5356 = 2,62...
cosimo_CFA_Level_I_178978_0b409b6906e16916
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $21,500 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
2,427,748.52
[ "2,435,841.01", "2,064,000.00", "2,184,973.67" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 21,500 × 112.9185 = 2,427,748.52. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "2,435,841.01", "method": "reference_code_exec", "recomputed": true, "seed": 730595682, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730595682, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "2,427,748.52", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185.\nStep 3. FV = PMT × factor = 21,500 × 112.9185 = 2,...
cosimo_CFA_Level_I_179978_f2d2bd73b1f3b1fa
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $31,200 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 72 months.
2,781,821.44
[ "2,798,048.73", "2,246,400.00", "2,503,639.30" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609. Step 3. FV = PMT × factor = 31,200 × 89.1609 = 2,781,821.44. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730603601, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730603601, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_180978_9bf6c547cf7f5549
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $61,300 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 60 months.
4,168,772.88
[ "4,186,142.77", "3,678,000.00", "3,751,895.59" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 60 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 68.0061. Step 3. FV = PMT × factor = 61,300 × 68.0061 = 4,168,772.88. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730611520, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730611520, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_181978_79b247b22c2bffac
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $70,200 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 60 months.
5,025,821.70
[ "5,055,138.99", "4,212,000.00", "4,523,239.53" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 60 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 71.5929. Step 3. FV = PMT × factor = 70,200 × 71.5929 = 5,025,821.70. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730619439, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730619439, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_182978_51e369b71e6f72db
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $37,400 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 96 months.
4,794,635.91
[ "4,822,604.62", "3,590,400.00", "4,315,172.32" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 96 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 128.1988. Step 3. FV = PMT × factor = 37,400 × 128.1988 = 4,794,635.91. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730627358, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730627358, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_183978_fd064dd0706f7b67
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $47,400 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 36 months.
1,921,385.44
[ "1,934,194.67", "1,706,400.00", "1,729,246.89" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 36 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 40.5356. Step 3. FV = PMT × factor = 47,400 × 40.5356 = 1,921,385.44. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730635277, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730635277, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_184978_e749b2383ffe181d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $49,500 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 48 months.
2,677,842.69
[ "2,691,231.91", "2,376,000.00", "2,410,058.43" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 48 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 54.0978. Step 3. FV = PMT × factor = 49,500 × 54.0978 = 2,677,842.69. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730643196, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730643196, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_185978_a51a1e5ad1a6df63
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $41,200 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 72 months.
3,673,430.88
[ "3,694,859.22", "2,966,400.00", "3,306,087.79" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 72 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 89.1609. Step 3. FV = PMT × factor = 41,200 × 89.1609 = 3,673,430.88. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730651115, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730651115, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_186978_b902cf9536190231
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $37,300 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 36 months.
1,467,236.72
[ "1,474,572.90", "1,342,800.00", "1,320,513.04" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 36 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.3361. Step 3. FV = PMT × factor = 37,300 × 39.3361 = 1,467,236.72. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "1,474,572.90", "method": "reference_code_exec", "recomputed": true, "seed": 730659034, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730659034, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "1,467,236.72", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 36 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 39.3361.\nStep 3. FV = PMT × factor = 37,300 × 39.3361 = 1,46...
cosimo_CFA_Level_I_187978_5428b489485989f2
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $47,300 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 96 months.
6,331,983.98
[ "6,374,197.20", "4,540,800.00", "5,698,785.58" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 96 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 133.8686. Step 3. FV = PMT × factor = 47,300 × 133.8686 = 6,331,983.98. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "6,374,197.20", "method": "reference_code_exec", "recomputed": true, "seed": 730666953, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730666953, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "6,331,983.98", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 96 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 133.8686.\nStep 3. FV = PMT × factor = 47,300 × 133.8686 = 6,...
cosimo_CFA_Level_I_188978_2d42ca212adc8a0d
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $35,700 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 48 months.
2,011,691.97
[ "2,025,103.25", "1,713,600.00", "1,810,522.77" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 48 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 56.3499. Step 3. FV = PMT × factor = 35,700 × 56.3499 = 2,011,691.97. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "2,025,103.25", "method": "reference_code_exec", "recomputed": true, "seed": 730674872, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730674872, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "2,011,691.97", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 48 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 56.3499.\nStep 3. FV = PMT × factor = 35,700 × 56.3499 = 2,01...
cosimo_CFA_Level_I_189978_64e2b2df578d05cf
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $78,700 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 48 months.
4,089,220.60
[ "4,102,851.33", "3,777,600.00", "3,680,298.54" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 48 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 51.9596. Step 3. FV = PMT × factor = 78,700 × 51.9596 = 4,089,220.60. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "4,102,851.33", "method": "reference_code_exec", "recomputed": true, "seed": 730682791, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730682791, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "4,089,220.60", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 48 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 51.9596.\nStep 3. FV = PMT × factor = 78,700 × 51.9596 = 4,08...
cosimo_CFA_Level_I_190978_e5bec4af083b903e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $21,200 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 84 months.
2,289,578.39
[ "2,302,934.26", "1,780,800.00", "2,060,620.55" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 84 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 107.9990. Step 3. FV = PMT × factor = 21,200 × 107.9990 = 2,289,578.39. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730690710, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730690710, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_191978_9051ebeb56d2af2e
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $70,100 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 96 months.
7,915,589.36
[ "7,941,974.66", "6,729,600.00", "7,124,030.42" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 96 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 112.9185. Step 3. FV = PMT × factor = 70,100 × 112.9185 = 7,915,589.36. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730698629, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730698629, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_192978_c3b54f485c514643
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $78,900 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 48 months.
4,268,318.96
[ "4,289,660.56", "3,787,200.00", "3,841,487.07" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 48 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 54.0978. Step 3. FV = PMT × factor = 78,900 × 54.0978 = 4,268,318.96. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730706548, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730706548, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_193978_1f0cec47a75104a3
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $76,400 at the END of each month into an account paying 5% compounded monthly. Compute the future value after 108 months.
10,393,700.16
[ "10,437,007.25", "8,251,200.00", "9,354,330.15" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 5%/12 = 0.0042; 108 periods. Step 1. Periodic rate r = 0.05/12 = 0.0042. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 136.0432. Step 3. FV = PMT × factor = 76,400 × 136.0432 = 10,393,700.16. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730714467, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730714467, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_194978_42f7952a501ffb4f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $55,100 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 36 months.
2,233,509.23
[ "2,248,399.29", "1,983,600.00", "2,010,158.31" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 36 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 40.5356. Step 3. FV = PMT × factor = 55,100 × 40.5356 = 2,233,509.23. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730722386, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730722386, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_195978_208e1753eb1b9343
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $65,000 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 120 months.
10,652,157.54
[ "10,705,418.33", "7,800,000.00", "9,586,941.79" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 120 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 163.8793. Step 3. FV = PMT × factor = 65,000 × 163.8793 = 10,652,157.54. Step 4. Deposits are END-of-month → ordinary annuity stands...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730730305, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730730305, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_196978_5fa31e3884b11cd7
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $76,100 at the END of each month into an account paying 4% compounded monthly. Compute the future value after 60 months.
5,045,352.24
[ "5,062,170.08", "4,566,000.00", "4,540,817.02" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 60 periods. Step 1. Periodic rate r = 0.04/12 = 0.0033. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 66.2990. Step 3. FV = PMT × factor = 76,100 × 66.2990 = 5,045,352.24. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "5,062,170.08", "method": "reference_code_exec", "recomputed": true, "seed": 730738224, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730738224, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "5,045,352.24", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 4%/12 = 0.0033; 60 periods.\nStep 1. Periodic rate r = 0.04/12 = 0.0033.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 66.2990.\nStep 3. FV = PMT × factor = 76,100 × 66.2990 = 5,04...
cosimo_CFA_Level_I_197978_518636806b59a8be
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $52,100 at the END of each month into an account paying 8% compounded monthly. Compute the future value after 48 months.
2,935,830.57
[ "2,955,402.78", "2,500,800.00", "2,642,247.52" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 48 periods. Step 1. Periodic rate r = 0.08/12 = 0.0067. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 56.3499. Step 3. FV = PMT × factor = 52,100 × 56.3499 = 2,935,830.57. Step 4. Deposits are END-of-month → ordinary annuity stands. Di...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "2,955,402.78", "method": "reference_code_exec", "recomputed": true, "seed": 730746143, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730746143, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "2,935,830.57", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 8%/12 = 0.0067; 48 periods.\nStep 1. Periodic rate r = 0.08/12 = 0.0067.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 56.3499.\nStep 3. FV = PMT × factor = 52,100 × 56.3499 = 2,93...
cosimo_CFA_Level_I_198978_e52d77dda89e31fb
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $12,800 at the END of each month into an account paying 7% compounded monthly. Compute the future value after 84 months.
1,382,386.95
[ "1,390,450.88", "1,075,200.00", "1,244,148.26" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 7%/12 = 0.0058; 84 periods. Step 1. Periodic rate r = 0.07/12 = 0.0058. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 107.9990. Step 3. FV = PMT × factor = 12,800 × 107.9990 = 1,382,386.95. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": null, "method": "reference_code_exec", "recomputed": true, "seed": 730754062, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730754062, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
null
cosimo_CFA_Level_I_199978_3450e4e4623e7a2f
CFA_Level_I
Quantitative Methods
Time Value of Money
L1_Easy
Calculation
A client deposits $36,400 at the END of each month into an account paying 6% compounded monthly. Compute the future value after 84 months.
3,788,290.95
[ "3,807,232.41", "3,057,600.00", "3,409,461.86" ]
ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods. Step 1. Periodic rate r = 0.06/12 = 0.0050. Step 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739. Step 3. FV = PMT × factor = 36,400 × 104.0739 = 3,788,290.95. Step 4. Deposits are END-of-month → ordinary annuity stands. ...
true
{ "answer_matches_recomputation": true, "flawed_answer_concrete": "3,807,232.41", "method": "reference_code_exec", "recomputed": true, "seed": 730761981, "template": "tvm_annuity_fv" }
{ "difficulty": "L1_Easy", "generator": "tvm_annuity_fv", "generator_version": "1.0.0", "pitfalls_addressed": [ "annuity due vs ordinary", "compounding frequency" ], "question_type": "Calculation", "seed": 730761981, "source": "synthetic_template", "subtopic": "Time Value of Money", "topic":...
{ "chosen": { "answer": "3,788,290.95", "reasoning_trace": "ASSUMPTIONS: ordinary annuity (end-of-month); periodic rate 6%/12 = 0.0050; 84 periods.\nStep 1. Periodic rate r = 0.06/12 = 0.0050.\nStep 2. Ordinary-annuity FV factor = ((1+r)^n - 1)/r = 104.0739.\nStep 3. FV = PMT × factor = 36,400 × 104.0739 = 3,...