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HP HP-18C - Page 81

HP HP-18C
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Starting
from
the
MAIN
menu:
Keys:
Display:
.,
CLEAR
ALL
I
0.00
6 . 7
III'iIi3II
NOM%=6.70
4_
P=4.00
EFF%=6 .
87
6
.65
III'iIi3II
NOW·:=6.65
12 _
P=12.00
EFF%=6 .
86
EFF:·:=6 .
88
Description:
Displays
the
ICONV
menu.
Displays
the
EFFCT
menu.
Clears
the
history stack
and
EFFCT
variables.
Stores
the
nominal
an-
nual
interest rate for
bank
#1.
Stores
the
number
of
compounding
periods
per
year.
Calculates
the
effective
interest rate for
bank
#1.
Stores
the
nominal
an-
nual
interest
rate
for
bank
#2
.
Stores
the
number
of
compounding
periods
per
year.
Calculates
the
effective
interest
rate
for
bank
#2.
Displays
the
CONT
menu.
The
previous val-
ues
of
NOM%
and
EFF%
are retained.
Calculates
the
effective
rate for
bank
#3.
The
calculations
show
that
bank
#3
is offering
the
most
favorable in-
terest rate.
4:
Time
Value
of
Money
79

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