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Money版 - Rule of 78
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话题: rule话题: money话题: 78话题: loans话题: interest
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m*h
发帖数: 85
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http://www.tiac.net/~mabaker/rule_of_78.html
Occasionally on The Money Show (FM 96.9, WTKK Boston), Rick Shaffer mentions
the Rule of 78 in connection to auto loans and declines to explain it because
it is too complicated. As an occasional listener and a person who had one of
these loans back in 1983, I thought I would make a stab at explaining it...
The standard loan is called "simple interest". You borrow some money and at
the end of the period you pay it back plus interest. For longer term lo
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话题: rule话题: money话题: 78话题: loans话题: interest