: Big Budget Movies Corporation has agreed today to purchase the intellectual property rights

to Harry Potter from Warner Brothers Entertainment. The deal is worth $$2,250,000,000($$$2\mathrm{.}25$ billion$).$

This deal will allow Big Budget Movies to use the Harry Potter intellectual property rights to make movies,

shows, and sell merchandise forever. In return for these rights, Big Budget Movies will make end of month

payments to Warner Brothers Entertainment forever. The first monthly payment occurs thirteen months

from today. The negotiated interest rate on this deal is $6\mathrm{.}43\%$ compounded semiannually. How much does

Big Budget need to pay each month to Warner Brothers?