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answer part b How much of the 36th payment is interest? Click here to access the TVM Factor Table calculator. A wind energy turbine prop

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How much of the 36th payment is interest? Click here to access the TVM Factor Table calculator. A wind energy turbine prop plant is expanding and takes out a loan for $460,000 to be paid back over 4 years in equal monthly amounts at a nominal annual rate of 4%. Parta Your answer is correct. What is the equal monthly amount to be paid? Clickhere to access the TVM Factor Table calculator

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