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Plant Design Homework Q1. You borrow $50000 from a bank with an interest rate 7.5% annually compounded monthly for 20 years. What will be your
Plant Design Homework\ Q1. You borrow
$50000
from a bank with an interest rate
7.5%
annually compounded monthly for 20 years.\ What will be your monthly payment for these twenty years.\ You decided to pay back
$15000
at the end of the third year:\ a. What will be your monthly payment for the next 17 years. Sketch a cumulative cash flow diagram.\ b. If you decided to pay the same monthly payment, how many months you need to pay to.\ Q2. Sketch the level control loop on a vessel. Mark the instruments clearly.
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