Question: You just borrowed $ 5 9 , 3 7 4 . You and your heirs plan to repay this loan by making regular monthly payments

You just borrowed $59,374. You and your heirs plan to repay this loan by making regular monthly payments of $X forever and a special payment of $23,600 in 9 months. The interest rate on the loan is 3.62 percent per month and the first regular payment will be made in 1 month. What is X?

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