Personal Finance DSST help

[Shadowless]

I'm all set to take the Personal Finance dante test this Tuesday. I read over the Specific Exam Feedback forum and did some research online. I am still very confused on the rule of 72 and 78. I think I have the rule of 72 down which is how to figure out how long it takes to double your money which is just dividing the interest rate by 72, correct?

The rule of 78 though is where I really get lost. I found some info on yahoo but I am still very confused. Could someone explain it to me? In a way that someone not very math smart could understand?

And of course any other input or areas to focus on would help. I have read up on all the infomation on the other forum as well as the DSST study guide and practice tests.

Again, thanks alot for your time and energy, it's very helpful. I love this board!!!

[blueyzz28]

I do not believe you will need to worry much about the rule of 78. I took the Personal Finance Exam about two weeks ago, and I must say it was fairly easy. No real difficult questions.

[adupler]

How did your personal finance test go and do you have any tips?