Under the "Rule of 78," the interest earned by the lender is

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The Rule of 78 is a method used by some lenders to calculate interest on a loan. With this method, more of the interest is front-loaded, meaning borrowers will pay a larger percentage of the interest at the beginning of the loan period. This can make it more expensive for borrowers to pay off their loan early or to refinance, as they will have already paid a larger amount of interest.

Under the "Rule of 78," the Interest Earned by the Lender