Question: Question 30 ( 3 points): Jacob purchased a car for $14,000, putting down $2,000, and borrowing $12,000. If the term of the loan is 4

Question 30 ( 3 points): Jacob purchased a car for $14,000, putting down $2,000, and borrowing $12,000. If the term of the loan is 4 years, and the APR is 8%, what is his monthly loan payment

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