Online BOE Training Courses
Time Value of Money — Six Functions of a Dollar
The purpose of this training session is to explain the compound interest functions presented in Assessors' Handbook Section 505, Capitalization Formulas and Tables, the key concepts of the time value of money, and its relationship to appraising. This session consists of 10 modules. Each module provides a discussion of the function or concept contained in the module and shows practice examples of the calculation or method.
Prerequisites: None
Completion of this online learning session with a score of 70% or higher on the examination will qualify for 8 hours of training as required by Revenue and Taxation Code section 671 for certified appraisers who are employees of the state, any county, or city and county.
This course is a prerequisite for Course 3, Residential Appraisal Procedures; Course 5, Income Approach to Value; Course 9, Appraisal of Taxable Possessory Interests; and Course 7, Appraisal of Agricultural Property. This course can be used as a prerequisite for Course 56, Advanced Sales Comparison and Income Capitalization Approaches; and Course 120, Investment Mathematics in Property Tax Appraisal.
This training session can also be used for the annual training requirements for an appraiser holding a temporary, permanent, or advanced certificate. This session can be repeated for training credit if at least five years or more have passed since previously receiving credits for this session.