Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $$56,000$ loan at $7\mathrm{.}5\%$ for $48$ months. What is his monthly payment by table lookup? $($Use Table $14\mathrm{.}2)$

Note: Round your answer to the nearest cent.

Answer is complete but not entirely correct.

$\backslash$table$[[$Monthly payment,$$1,329\mathrm{.}84,**$