Present Value and ITTOs

Submitted by Smokey on Mon, 02/10/2014 - 16:38

Formula for the present value is PV=FV/(1+r)^n. In order to calculate n (6 or 7 years) you need scientific calculator but in the test centers they have simple calculators. On screen they also have simple calculator. How to calculate the n using simple calculator?

Can anyone send me the link to ITTOs for the PMBOK 5th edition? I need ITTOs in Excel format without moving the cursor to each knowledge areas.

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General Discussion

Smokey

Tue, 02/11/2014 - 15:25

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Does anybody know how to

Does anybody know how to calculate FV value using simple calculator?

ranatungawk

Wed, 02/12/2014 - 02:25

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The exam doesn’t shoot you

The exam doesn’t shoot you questions on more than 5 years for sure ...anyway just think u are asked for 7 years ....your doubt is how to calculate (1+r)^n part with a simple cal...

(1+0.1)^7

(1.1)*7----> then multiply ur answer *7, then *7 .....upto 7 times...

this won't take more than 5Sec and indeed not a wasting of time ,

......just try to see the positive side of life :-)

regards!!!

ranatungawk

Wed, 02/12/2014 - 02:49

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Correction

I have made a little mistake and just ignore my previous reply..

The exam doesn’t shoot you questions on more than 5 years for sure ...anyway just think u are asked for 7 years ....your doubt is how to calculate (1+r)^n part with a simple cal...

(1+0.1)^7

(1.1)*1.1----> then press “equal sing” ( = ) .....upto 6 times...

If u need to calculate ^7 …> press = sing (7-1)..if so if u need to calculate ^10 , then press = sing 9 times…

this won't take more than 5Sec and indeed not a wasting of time ,

......just try to see the positive side of life :-)

regards!!!

Smokey

Wed, 02/12/2014 - 20:04

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Got it, thanks bunch.

saketbansal

Thu, 02/13/2014 - 05:58

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