Excel Engineering Economics: Applications illustrating the time-value-of-money. You can use these applications to estimate your monthly mortgage or your car payment, and evaluate the benefits of “paying off your loan” early. More important, you use the “time-value-of-money” to evaluate and recommend industrial capital expenditure alternatives throughout your career.
Dow Jones Index Explorer — a real-world demonstration of the “time value of money”. The Excel file illustrates the power of graphic summaries. Illustrates how investing early pays off over the long term. We bet on the hope that economic growth continues as it has done in the past.
Fuel Cost Calculator –– Compare the heating costs (dollars per million Btu) of various candidate fuels. Which fuel (or method) is the lowest-cost for heating your home?
Rate of Return Demo — Starter kit for incorporating the time-value-of-money in your workplace engineering evaluations and recommendations. Also, LINK HERE to download the PPT file that outlines what’s behind the “internal rate of return” computation.