Question: Principal $ 1 0 , 0 0 0 , 0 0 0 Nominal Annual Interest Rate 9 % Total Upfront Fees 6 % Monthly Compounding

Principal$10,000,000
Nominal Annual Interest Rate 9%
Total Upfront Fees 6%
Monthly Compounding Period30 year amortization
What is the Total Monthly Payment including both principal and interest and rounded to the nearest dollar?

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