Friday, November 20
The answers to the homework I handed back today are located here.
We have our next test on Monday and for next Wednesday, do the homework here.

 Monday, November 16
The answers to the homework you handed in today are located here.
For next time, do Application Problem 4b then repeat the problem assuming Visalia gets a $500,000 government grant to help offset the cost of 13 of the CNG trucks.

 Friday, November 13
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 7 & 9 and Application Problem 2 in Chapter 9.

 Wednesday, November 11
For next time, do the homework problems located here.
Friday, we'll look at yet another measure of relative worth: the benefit-cost ratio.

 Monday, November 9
I've discovered a mistake in the solution I posted earlier today. The correct answers to the homework you handed in today are located here.

 Monday, November 9
The answers to the homework you handed in today are located here.
There is no homework due Wednesday.

 Friday, November 6
The answers to the homework you handed in today are located here.
For next time, redo Drill Problem 2 in Chapter 9 but this time
find the IRR and find the ERR using MARR=9% and using MARR=13%.
Also, Do Drill Problem 3 but ignore the part that says "Find all internal rates of return".

 Wednesday, November 4
The answers to the problems assigned last Friday are here.
The answers to the problems assigned on Monday are here.
For next time, do Drill Problems 7 & 9 in Chapter 12.
For hints on doing Problems 7 & 9, click here.

 Monday, November 2
For next time, do Drill Problems 1 & 2 and Application Problems 2 & 4 in Chapter 9.
NOTE: Simply calculating the absolute worth of a cash flow diagram does not answer the question "Should you invest?" Don't forget to answer the question!

 Monday, November 2
Kelsey pointed out after class that the adjusted schedule I posted on Friday was incorrect (I had Thanksgiving Break in the wrong place). I've fixed the schedule.

 Monday, November 2
Unfortunately, I forgot to post the example from Friday's class. I've now posted it. Since the example wasn't available, I will give you until Wednesday to turn in the homework problems that were supposed to be due this morning.

 Friday, October 30
For Monday, do the homework problems located here.
We've fallen a day behind, so I've adjusted the schedule slightly.

 Friday, October 23
The answers to the homework you handed in today are located here.
Remember, we've got our second exam on Monday.

 Wednesday, October 21
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 26, 27 & 28 and Application Problem 8abc.

 Friday, October 16
We are actually a day ahead of schedule, so I've moved Exam #2 up a day to October 26 (a week from Monday) so we can spend an extra day in Chapter 9.
We'll finish stocks next Wednesday and review for the exam next Friday.

 Friday, October 16
The answers to the homework you handed in today are located here.
For next time, do the homework problems located here.

 Wednesday, October 14
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 21, 22 & 23 and Application Problem 6.
NOTE: Problem 6b is strangely worded. Read it as "Assume you sell the bonds for $10,350.50 after the second coupon payment in year 5. What is your ROI?"

 Monday, October 12
The answers to the homework you handed in today are located here.
For next time, do the homework problems located here.

 Friday, October 9
The answers to the homework you handed in today are located here.
For next time, do the homework problems located here.

 Wednesday, October 7
For next time, do the homework problems located here.

 Monday, September 28
The answers to the homework you handed in today are located here.
Wednesday we will have our first exam. It will cover Chapters 2 and 3.
Remember, the exam is closed-book, closed-note. I will provide copies of the Engineering Economics section of the FE Supplied Reference Handbook.

 Friday, September 25
The answers to the homework you handed in today are located here.
For Monday, do Drill Problems 1 & 5 and Application Problems 1c & 1e in Chapter 4.

 Wednesday, September 23
I've decided to move next Monday's exam to Wednesday to accommodate the civil engineering students who have a major project deadline on Monday. Friday we will start Chapter 4, then we'll review Chapters 2 & 3 on Monday for the exam.

 Wednesday, September 23
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 15, 16c, 18c, 19c & 20c.
Remember: the present value equations and interest factors provide an equivalent single cash flow one interest period before the first cash flow (arrow) in the series.

 Wednesday, September 23
In Monday's solution to Drill Problem 20a I used the 9% interest rate from Part b by mistake. The correct solution (with a 7% interest rate) is located here.

 Monday, September 21
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 2, 8 & 13 and Application Problems 11 & 12.
HINT: For Application Problem 12, you have to take two steps to get the solution.
There is no formula or interest factor to go from a geometric series to an annuity.

 Friday, September 18
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 7, 12, 20a and Application Problems 6 & 10.
NOTE: Problem 12 is poorly worded. You should interpret it as "If you make five annual $2000 payments into an account ..."

 Wednesday, September 16
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 10, 14 & 20b and Application Problems 5 & 8.
Also, redo Drill Problem 10 with payments increasing by 8% per year.

 Monday, September 14
The answers to the homework you handed in today are located here.
For next time, do Drill Problems 1, 3 & 4 and Application Problem 2 in Chapter 3.
Solve each problem first using the interest factor formulas (Equations 3.1 & 3.2) then using the interest factor tables in the appendix. Remember to draw a CFD!

 Friday, September 11
The answers to the homework you handed in today are located here.
For Monday, do the homework problem located here.

 Wednesday, September 9
The answers to the homework you handed in today are located here.
For Friday, do the homework problems located here. Read the problems carefully!

 Friday, September 4
The answers to the homework you handed in today are located here.
For Wednesday, do Drill Problems 6, 10 & 14 and Application Problems 3 & 4 in Chapter 2. For some helpful hints on tonight's homework, click here.
Enjoy your Labor Day Weekend!

 Wednesday, September 2
For Friday, do Drill Problems 1a, 1c, 1e, 3 & 4 in Chapter 2.
Work Problem 4 as both a simple interest and a compound interest problem.
Also, bring in (a) an advertisement for a mortgage or car loan and (b) an advertisement for a bank account, money market fund, or certificate of deposit.

 Friday, August 28
We will use the Engineering Economics section of the FE Supplied Reference Handbook throughout the semester. You can download a copy of it here.