A wind energy turbine prop plant is expanding and takes out a loan for $480,000 to be paid back over 5 years in equal monthly amounts at a nominal annual rate of 7%. Part a Your answer is correct. What is the equal monthly amount to be paid? Click here to access the TVM Factor Table calculator. $ Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is 2. eTextbook and Media Hint GO Tutorial Attempts: 1 of 5u Part b How much of the 36th payment is interest? Click here to access the TVM Factor Table calculator