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it's interesting that in the US, the monthly interest rate is derived from the anual rate by just dividing by 12. Here we derive the monthly rate by taking the root 12 of the yearly rate.
Spreadsheets are not to be blamed! The difference is weather you calculate capital returns for the next trimester or the next 25 years.
Pure genius!!!!!!Training future leaders of America, a real HERO!!!!
Great lecture
56:55 Well it's path dependence that leads to carbon lock-in because the aviation industry emits a lot of CO2.
51:22 why Tesla started and exists - “accelerate the transition to a sustainable energy future”
it's interesting that in the US, the monthly interest rate is derived from the anual rate by just dividing by 12. Here we derive the monthly rate by taking the root 12 of the yearly rate.
Spreadsheets are not to be blamed! The difference is weather you calculate capital returns for the next trimester or the next 25 years.
Pure genius!!!!!!Training future leaders of America, a real HERO!!!!
Great lecture
56:55 Well it's path dependence that leads to carbon lock-in because the aviation industry emits a lot of CO2.
51:22 why Tesla started and exists - “accelerate the transition to a sustainable energy future”