³At first it may seem strange to apply Faraday’s Law here, because this formula is typically used to describe the amount of voltage produced by a coil of wire exposed to a changing magnetic field, not the amount of magnetic field produced by an applied voltage. However, the two are closely related because the inductor must produce a voltage drop in equilibrium with the applied voltage just like any other component, in accordance with Kirchhoff’s Voltage Law. In a simple circuit such as this where the voltage source directly connects to the inductor (barring any resistive losses in the connecting wires), the coil’s induced voltage drop must exactly equal the source’s applied voltage at all points in time, and so Faraday’s Law works just as well to describe the source’s applied voltage as it does to describe the coil’s induced voltage. This is the principle of self-induction.