Is there a way to quickly solve uneven cash flows with interest rates that differ from annual rates? CFAI recommends multiplying each of the individual cash flows by the appropriate factor number and taking the total sum.
Reading 6 - Practice Problem 19 would be a great example of this.
CF worksheet on the BAII is designed for uneven cash flows.
You can multiply each CF by the appropriate discount factor, but in the exam, you won’t have time for such a luxury.
The title should read semiannual compounding not payments.
If your payments all happen with the same frequency (but not semi-annual), you can calculate the equivalent nominal rate/frequency and use that as I in the CF worksheet. Alternatively, you could set I as semi-annual/2, but then F01, F02, etc. would have to be stated in terms of semi-annual periods.
Sorry, but I don’t have access to L1 materials; otherwise, I would run through the calcs.