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#9. A married couple purchases a home. After down payments and closing costs are accounted for, they owe 374 thousand dollars on their 30-year-mortgage loan.

#9. A married couple purchases a home. After down payments and closing costs are accounted for, they owe 374 thousand dollars on their 30-year-mortgage loan. If the annual percentage rate for their loan is APR=0.032, calculate the monthly payment for this loan. Round your answer to two decimal places.

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