View Rule Of 78 Example Pics. For example, if you charge $1,000 per month for your product or service, you'll earn $12,000 in revenue for a client sold in january (assuming you retain this customer. The name comes from the total number of months' interest that is being calculated in a year.
Interest Wikipedia from s-media-cache-ak0.pinimg.com
An internet rule so ruley, that it shall never be written. For very high interest rates, 78 works good. By letting you evenly distribute your sales quotas between team members and.
The rule of 78 can help with that.
The rule of 78 is one of the most prevalent secrets in the banking industry that is barely understood by the public. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. It's actually a sneaky prepayment penalty. Without your knowledge, you may have already been subject to this insidious practice and came we use a 1 year personal loan with rm50,000 and interest rate of 10% p.a.
