Question: You just borrowed $ 2 2 5 , 2 3 1 . You and your heirs plan to repay this loan by making regular monthly

You just borrowed $225,231. You and your heirs plan to repay this loan by making regular monthly payments of $X forever and a special payment of $37,800 in 9 months. The interest rate on the loan is 3.17 percent per month and the first regular payment will be made in 1 month. What is X?

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