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Michael W.

Credentialed Mathematics Teacher

Diamond Bar, CA (91765)

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20 miles
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The rule of 78ths is designed to pay the lender his interest more rapidly than the level method. It tilts the table in the lender's direction.   It is called the rule of 78ths because if you add the month or payment numbers from 1 to 12 you get 78. The way it works is you calculate...

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