Solve the following exercise, please develop with the data, equation and respective response. Solve with Exel and Manual form

He had an emergency and requires applying for a credit to attend to it, he asks for a credit from the Association of his company for 1,500,000.00 of colones provide him with the credit with a rate of 1% per month over a term of four years. What amount will be the fee to be paid within a month?