HP 10bII+ Quick Start Guide

Getting Started 17
Interest Rate Conversion
To 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.
For more information on interest rate conversions, refer to the section titled,
Interest Rate Conversions in chapter 6, Time Value of Money Calculations in the
HP 10bII+ Financial Calculator User’s Guide.
Table 1-19 Keys for interest rate conversion
Keys Description
\Ó
Nominal interest percent.
\Ð
Effective interest percent.
\Í
Periods per year.
Table 1-20 Calculating the interest rate
Keys Display Description
J:\Ó
10.00 Enters nominal rate.
JG\Í
12.00 Enters payments per
year.
\Ð
10.47 Calculates annual
effective interest.

HP 10bII+ Specifications

General

Memory registers	22
Keyboard type	Numeric
Battery type	CR2032
Auto power off	Yes
Battery technology	Lithium
Number of batteries supported	2
Type	Financial
Form factor	Pocket
Product color	Black
Digits	- digits
Display tilting	No
Display size (HxV)	63.5 x 16 mm
Display number of lines	1 lines
Display number of characters	12

Weight and Dimensions

Weight	85 g
Dimensions (WxDxH)	80.9 x 14 x 145 mm