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HeatSpring PV Course Blog

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Compounding Interest

Posted on 11 March, 2016 at 23:27

Q:

Compounding Interest: I thought this was a simple formula(s) to memorize. Just remember to subtract from 1 for module degradation and inflation. Add to one for interest rates.

A:

I think a lot of textbooks make things as difficult as possible to understand, because the author is trying to impress the other instructors.
Glad you think it is simple to understand.

Einstein said:

"Everything Should Be Made as Simple as Possible, But Not Simpler"

Sean White

Categories: NABCEP PV Technical Sales Exam Study Group (which will evolve into a full course)

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