David Chen is a Certified Financial Analyst specializing in finance and exam preparation strategies.
This calculator allows you to compute missing variables from four different calculations related to the FE Exam. It provides a straightforward way to solve engineering economics problems during the exam.
What is the Best Calculator for the FE Exam?
Not calculated yet.
FE Exam Calculation Formulas
The formulas used to calculate the missing variables:
- Future Value (F) = P × (1 + V)^Q
- Present Value (P) = F / (1 + V)^Q
- Interest Rate (V) = (F / P)^(1/Q) – 1
- Number of Periods (Q) = log(F / P) / log(1 + V)
Formula Source: Investopedia
Related Calculators
What is FE Exam Calculation?
The FE Exam requires you to understand a variety of engineering economics concepts, including the ability to solve for missing variables in equations that relate to time value of money, interest rates, and cash flows.
How to Calculate FE Exam (Example)
- Step 1: Enter the values for F, P, V, or Q.
- Step 2: Click “Calculate” to see your result.
- Step 3: Review your calculated result and compare it with expectations.
Frequently Asked Questions (FAQ)
What calculator should I use for the FE exam? A scientific calculator that allows you to compute values related to time value of money and other financial calculations is ideal for the FE Exam.
Can I use a graphing calculator? No, graphing calculators are not permitted. Only scientific calculators are allowed.
Is a financial calculator required? No, you can use a basic scientific calculator for the FE Exam, but a financial calculator may be helpful.