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: • The core principles of Time Value of Money, including Present Value and Future Value. • How Discounted Cash Flow analysis evaluates future cash streams for investment selection. • How to calculate and interpret Net Present Value in Series 66 exam scenarios. • The critical relationship between Net Present Value and the Internal Rate of Return. • A simple decision rule to evaluate investment options and avoid common exam traps. This independent study resource helps candidates prepare for the Series 66 exam. For more practice materials, visit https://open-exam-prep.com/practice/series66 or check out https://www.youtube.com/@Open-exam-prep . Sources checked: September 14, 2026 https://www.nasaa.org/wp-content/uploads/2023/02/Series-66-Outline-June-2023.pdf https://www.nasaa.org/wp-content/uploads/2023/09/NASAA-Series-66-Exam-Study-Guide.pdf