You need $1,000,000 to fund your new venture so you appeared on Shark Tank hoping to raise it by selling 10% of your business. Unfortunately, no one wanted to buy into your company at that valuation. Instead, Mr. Wonderful offered to loan you the $1,000,000 at an annual rate of 18% with constant monthly payments for a term of 5 years and a balloon payment of $300,000 at the end of the loan. The first payment is due at the end of the month. How much will be your monthly payment?

Can you please solve this with the BA ii Plus financial calculator