Jacob wants to borrow $12,000 from the bank and is choosing among two possible loans.The interest rate on both loans is 1.4 percent per month.Loan A would require him to make 60 equal monthly payments, with the first payment made to the bank in 1 month.Loan B would also require him to make equal monthly payments to the bank.However, 1) the monthly payment associated with loan B would be $30 less than the monthly payment associated with loan A, and 2) the first monthly payment for loan B would be made to the bank later today.How many monthly payments to the bank must be made with loan B?Please round