HP 20B User Manual

Time Value of Money
35
To reset the menu items to their default values, with any item of the Amortization menu displayed press :x. With TVM
displayed, press I. At the TVM Reset prompt, press I to reset, or O to cancel.
Interest Conversion Menu
Figure 3 The Menu Map for the Interest Conversion Menu
To open the Interest Conversion menu (IConv) press :&.
Table 3-5 Interest Conversion Menu Items
Item Description
Nom.% Nominal interest rate: the stated annual interest rate
compounded as represented by P/YR , such as 18%
compounded monthly ( P/YR=12 ).
Eff.% Effective annual interest rate taking compounding into
account.
C/YR Compounding periods per year. Default is 12 .
Using the Interest Conversion Menu
Find the effective rate of a 36.5% nominal rate compounded daily. See Table 3-6. See Figure 3 for help with navigating
through the menu.
Table 3-6 Interest Rate Conversion Example
Keys Display Description
:&
Opens the IConv menu, starting with the current value of the
nominal percentage rate.
36.
5I
Inputs 36.5 as the nominal percentage rate.
>
Scrolls to compounding periods per year, C/YR . Default value
is 12 .

HP 20B Specifications

General

Type	Financial
Cover	-
Form factor	Pocket
Control type	Buttons
Product color	Black
Digits	12 digits
Display type	LCD
Display tilting	No
Display number of lines	2 lines
Battery type	CR2032
Power source	Battery
Auto power off	Yes
Number of batteries supported	2
Memory registers	110

Weight and Dimensions

Depth	149.2 mm
Width	77 mm
Height	16 mm
Weight	37.5 g