Cash Flow Analysis for Engineers II is a continuation of Cash Flow Analysis for Engineers I.

This second part begins with a short review of the first and then expands upon the cash flow formulas to include the case for the uniform gradient. This online course defines annual percentage rate (APR) and provides the formula/method for computing effective interest rates. There is a discussions about the formulas for continuous compound interest and interest rates that vary with time, followed by real-world examples of how these formulas are used.

Contact Hours:

2 Professional Development Hours (PDH) 

NC State University is certified by the North Carolina Board of Registration for Professional Engineers and Land Surveyors (NCBELS) and ABET as a provider of PDH Continuing Education Units. 

Duration:

Two (2) contact hours represents the estimated time to complete the online course including exercises.  However, actual times may vary from user to user.

Topics:

Cash Flow Analysis for Engineers II focuses on the following topics:

• Cash Flow Formulas
• Annual Percentage Rate
• Effective Interest Rate
• Continuous Compounding
• Time Varying Interest Rates

Instructor:

Dr. Javad Taheri, Adjunct Associate Professor at NC State University, teaches such courses as Computer-Based Modeling for Engineers, Engineering Economic Analysis, Quality Design and Control, and Introduction to Simulation. Dr. Taheri also provides consulting services in the area of Process Simulation for Electronic and Pharmaceutical Manufacturing as well as Patient Flow and Resource Scheduling in the healthcare industry.

Availability:

This course is available online, 24/7.

Upon approval of your purchase and successful check-out, you will be securely linked to this online course.  You will then have three (3) months to complete this course to earn your professional development hours.