HP -18C Owner's Manual page 81

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