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Engineering Exam Prep

Engineering Exam Prep

Von: Ran Chen EA CFP®
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Engineering Exam Prep is a free, daily podcast by OpenExamPrep covering the most in-demand engineering licensure exams — including FE Fundamentals of Engineering, FE Surveying, and the full PE catalog (Civil, Civil Geotechnical, Civil Construction, Civil Transportation, Civil Water Resources & Environmental, Mechanical, Electrical, Chemical, Architectural, Agricultural & Biological, Control Systems, and more). Each 5-minute episode breaks down one exam topic with worked-style examples, NCEES Reference Handbook callouts, common exam traps, unit-conversion gotchas, and memory tricks to help you pass on your first attempt. No fluff, no filler — just the concepts you need to know, explained the way the exam tests them. This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP designation. He is passionate about opening access to high-quality exam preparation for everyone — from EITs studying for the FE to working engineers preparing for the PE. For free practice questions, AI-powered explanations, flashcards, and full study guides, visit https://open-exam-prep.com/ Subscribe and listen daily — your PE license is closer than you think.Copyright 2026 Ran Chen, EA, CFP®
  • FE Exam Prep 11, Depreciation — Straight-Line, MACRS, Book Value
    May 8 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Straight-line depreciation is a simple method calculated as (Initial Cost - Salvage Value) / Useful Life. - MACRS is an accelerated, tax-based depreciation method that uses percentage factors from tables in the NCEES Reference Handbook. - A critical exam trap is to remember that salvage value is always ignored in MACRS calculations, even if provided in the problem. - Book value represents the remaining value of an asset and is calculated as the Initial Cost - Accumulated Depreciation. - To calculate book value with MACRS, you must sum the annual depreciation amounts from each year up to the point in question. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    3 Min.
  • FE Exam Prep 10, NPV, IRR, Benefit-Cost Ratio — When Each Wins
    May 7 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Why Net Present Value (NPV) is the definitive method for ranking mutually exclusive projects. - How to avoid the common FE exam trap of incorrectly choosing a project based on the highest Internal Rate of Return (IRR) or Benefit-Cost (B/C) ratio. - The specific accept/reject criteria for a single project using NPV (>0), IRR (>MARR), and B/C Ratio (>1). - Why IRR and B/C ratios can be misleading when comparing projects of different investment scales. - A memorable shortcut to recall the correct decision method: "N-P-V for the V-I-P (Very Important Project)." For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    3 Min.
  • FE Exam Prep 9, Time Value of Money — P/F, F/P, P/A, A/P, A/F, F/A Notation
    May 6 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to interpret standard time value of money factor notation (X/Y, i, n) as 'Find X, Given Y'. - The application of single payment factors (P/F, F/P) versus uniform series factors (P/A, A/P, F/A, A/F). - How to solve loan payment and future goal savings problems using the Capital Recovery (A/P) and Sinking Fund (A/F) factors. - To identify the most common exam trap: mismatched interest compounding periods and payment periods. - A simple mnemonic, 'Want over Got,' to quickly select the correct TVM factor from the NCEES Handbook. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    4 Min.
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