The Rule of 78s Formula Dictates That You Pay Less

question 135

True/False

The rule of 78s formula dictates that you pay less interest at the beginning of a loan.

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Definitions:

Sternocleidomastoid

A muscle in the neck that runs from the sternum and clavicle to the mastoid process of the temporal bone, involved in rotating and flexing the head.

Sternal End

The part of a bone that is located nearest to the sternum, often referring to the end of the clavicle that articulates with the sternum.

Manubrium

The upper section of the sternum (breastbone), providing attachment points for the clavicles and the first pair of ribs.

Tensor Veli Palatini

A muscle of the soft palate involved in swallowing and opening the Eustachian tube to equalize middle ear pressure.