Took Principles of Finance Exam Yesterday

[adamdriggers]

I passed by one point on this exam. I thought this was one of the top three hardest tests of all of them. I studied only Instacert for a week and grilled my dad (a financial advisor). The biggest advice is to echo what was said earlier: know how to calculate future/present values, annuities, etc. Here was my mistake: I printed off the official DSST test description, saw only a small percentage of the test was on actual problems so *skipped* the entire last Instacert section. BIG MISTAKE: that should be your memorized best question!!! Half the questions were actual questions - meaning you calculate it with a calculator. Also, there are four full pages of tables to help you calculate answers to those questions at the front of the test so know how to use them. And finally, to give you hope about how you can become a lucky guesser, I was so unfamiliar with how to work these problems that I didn't even *reference* those tables b/c I had no idea how to work them out. This test I was absolutely sure I failed, but somehow.....I passed. You can do it, but study hard!!! And then....you will NEVER have to study it again!!! Woo-hoo!