be able to calculate present worth of a project given its future worth

be able to calculate present worth of a project given annual worth

be able to determine an investment’s duration given its present and future worth

be able to make present worth calculations adjusted for inflation

be able to infer inflation rate from index numbers

learn how to calculate an index number using a basket of goods and services

compare mutually exclusive alternatives by different evaluation methods

determine the cost of debt and cost of equity capital and compare with the MARR

learn how to select an alternative using incremental benefit/cost analysis