(Complex stream of cash flows) Roger Sterling has decided to buy an ad agency and is going to finance the purchase with seller financing that is, a loan from the current owners of the agency. The loan will be for $2,200,000 financed at a nominal annual interest rate of 7 percent. This loan will be paid off over 7 years with end-of-month payments along with a $550,000 lump-sum payment compounded annually at the end of year 7. That is, the $2.2 million loan will be paid off with monthly payments and there will also be a final payment of $550,000 at the end of the final month. How much will the monthly payments be? The monthly payments of the loan will be $ (Round to the nearest cent)