HP 10bII - Interest Rate Conversion-At a Glance

Interest Rate Conversion—At a Glance...
оез Nominal interest percent.
Qes
Effective
interest
percent.
Periods per year.
То convert between nominal and effective interest rates,
enter the known rate and the number of periods per year,
then solve for the unknown rate.
Find the annual effective interest rate of 10% nominal interest
compounded monthly.
Keys: Display:
CO
Dor)
10.00
@@ыЫ@®
12.00
ев
10.47
Description:
Enters nominal rate.
Enters payments per
year.
Calculates annual
effective interest.
Ata Glance... 17