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HP HP-18C User Manual

HP HP-18C
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Figure 4-12_ Shared Variables
TVM
ICONV CFLO
I
EFFCT
CO NT
I
I
NOM% EFF%
P
NOM% EFF%
t
Shared variables
t
Clearing
the
ICONV Variables
NOM%,
EFF%,
and
P are cleared
when
you
enter
the
ICONV
menu
.
Pressing
.1
CLEAR
ALL
I in
the
EFFCT
or
CONT
menus
clears
NOM%
and
EFF%. In
the
EFFCT
menu,
P is also cleared.
Example: Converting from a nominal to an
effective
interest
rate.
You
are considering
opening
a savings
account
in
one
of
three
banks
.
Which
bank
has
the
most
favorable interest rate?
Bank
#1
6.7%
annual
interest,
compounded
quarterly
Bank
#2
6.65%
annual
interest,
compounded
monthly
Bank
#3
6.65%
annual
interest,
compounded
continuously
78
4:
Time
Value
of
Money

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HP HP-18C Specifications

General IconGeneral
BrandHP
ModelHP-18C
CategoryPDA
LanguageEnglish

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