Before we leave school engineers will take a one semester course called "Engineering Economics" where the whole subject is reduced down to one table. This is everything you are required to know to do a financial analysis. I believe economists call this sort of analysis a discounted cash flow (DCF).
I'm not sure I agree with this idea. If this all there is to know why am I not rich yet?
Anyways, here is the table: http://ift.tt/2pzG6BD
Here is a problem that you would use these formulas to solve: http://ift.tt/2qkNVZc
Do finance/economics people have the tools to solve a problem like this? Are they the same tools an engineer would use (the table above)?
Submitted May 14, 2017 at 06:41PM by gogloxin http://ift.tt/2pzG7FH