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Assume that a loan of $ 198,117 will be repaid in a uniform monthly series. The interest rate is 9% per month on balances. But
Assume that a loan of $ 198,117 will be repaid in a uniform monthly series. The interest rate is 9% per month on balances. But in addition to the ordinary series, there is a commitment to pay an additional reinforcement of $ 18,346 at the end of the term, which is one year. What is the value of the ordinary monthly fee?
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