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A farmer has leased three small parcels of his agricultural land for the installation of three...

A farmer has leased three small parcels of his agricultural land for the installation of three 1.5 MW (rated) windmills. they are performing with an annual capacity factor of 30%(typical land- based windmill site in the westrn USA)

If the selling price of the power is 7 cents per kW hour, and the farmer receive a royalty of 10% of the gross receipts, how much does the farmer receive in a year from these three windmill?

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