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PV*SOL Expert 6.0 - Manual - Valentin Software

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11.3.2.4 Financing<br />

Details on financing are entered on this page.<br />

A loan can be loaded from the Database via the selection list or the folder button.<br />

Loan capital<br />

The amount of credit in € that is arranged.<br />

Term<br />

The time period that has been arranged for paying back the loan.<br />

You also have to enter the Annual Instalment or the Loan Interest. In either case the<br />

other input field cannot be accessed and is calculated by the programme.<br />

Annual Instalment<br />

The set annual instalment which pays back the loan and interest within the credit term.<br />

Loan Interest<br />

The amount of interest that has to be paid on a loan.<br />

If the loan interest rate is lower than the capital interest rate taking out a loan works like a<br />

subsidy, if the rate is higher the total costs increase. When interest rates are equal there is<br />

no difference.<br />

Economic Efficiency Calculation – Stand-Alone Systems<br />

141

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