💡 In today's video, we're taking on an engineering economics problem from the FE Exam Review series. We examine time value of money using the effective interest rate. This is a very common FE question. We go over key concepts, and go over the difference between the single value amounts and uniform series amounts. We use the FE reference handbook for the effective interest equation, and use a cheat sheet to define the r and m terms. We'll also set up the equation to find the future value using uniform series payments and the effective interest rate. Don't miss out on this valuable exam prep content - like and subscribe for more FE Exam Review videos. And let us know in the comments if you have any requests for future topics. Thanks for watching and good luck on your FE exam!
__________
🗓️ Start our FREE MasterClass today and learn the tools and strategies to prep for your FE exam and pass in 3-4 months. ➡️
engenieer.com/courses/free-ma...
💻 FE PREP COURSES. On-demand courses to pass the FE faster and build the career you want. Kenza simplifies FE problems and concepts so that you stop wasting time searching. We give you over 1,000 problems, step-by-step solutions, and the most relevant material in one place so that you can study less, learn more, and pass faster. ➡️
www.engenieer.com/all-courses/
💡Download our FREE Cheat Sheet ➡️
engenieer.com/fe-exam-cheat-s...
__________
TIMESTAMPS
00:00 Intro
00:18 Question
00:37 Review key concepts
03:38 Equation on the reference handbook
03:48 Cheat Sheet for definitions
04:33 Pause and Solve
04:37 Solution
09:03 Outro
__________
Say hi on social:
Facebook: / engenieeronline
Instagram: / engenieer.online
LinkedIn: / engenieer
#engenieer #feexam #90+ FE Exam Problems & Step-by-Step Solutions
Негізгі бет Find the future value using the effective interest rate | FE Exam Review
Пікірлер: 13