Texas Instruments BA Real Estate - Interest Conversion; From Effective to Nominal; From Nominal to Effective

Other Financial Tools 73
BEAR-CH3.DOC BA Real Estate Guidebook Bob Fedorisko Revised: 08/29/96 9:19 AM Printed: 09/28/99 1:21 PM
Page 73 of 20
Interest Conversion
From Effective to Nominal
1. Enter effective rate.
16
#
G
2. Enter number of compounding periods
per year.
4
#
H
3. Compute nominal rate.
$
#
F
15.12%
From Nominal to Effective
1. Enter nominal rate.
15
#
F
2. Enter number of compounding periods
per year.
4
#
H
3. Compute effective rate.
$
#
G
15.87%