Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 beta 3/9/83; site uthub.UUCP Path: utzoo!utcsrgv!utai!uthub!thomson From: thomson@uthub.UUCP (Brian Thomson) Newsgroups: net.consumers,net.misc Subject: Re: What is "rule of 78's"? Message-ID: <139@uthub.UUCP> Date: Fri, 23-Mar-84 09:00:38 EST Article-I.D.: uthub.139 Posted: Fri Mar 23 09:00:38 1984 Date-Received: Fri, 23-Mar-84 11:53:56 EST References: <1070@proper.UUCP> <709@houxz.UUCP>, <350@cyb-eng.UUCP>, <795@dciem.UUCP> Organization: CSRG, University of Toronto Lines: 7 Is there a difference between the "Rule of 78" and the "Rule of 78s"? The Rule of 78 that I remember says that a principal increasing at the rate of N % annually, compounded, will double in approximately 78 / N years. -- Brian Thomson, CSRG Univ. of Toronto {linus,ihnp4,uw-beaver,floyd,utzoo}!utcsrgv!uthub!thomson