Interest Rate Conversions; Finite Compounding; Continuous Compounding; Statistics - HP 12c User Manual

Interest Rate Conversions

EFF
NOM

Finite Compounding

⎛
=
⎜
EFF
⎝

Continuous Compounding

=
EFF (

Statistics

Mean

∑
=
x
n
Weighted M ean
∑
=
x
w

Linear Estimation

n = number of data pairs
= +
ˆ
y A
−
y
=
ˆ
x
B
B
where
= −
A y
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
C = number of compounding periods per year.
= the effective annual interest rate as a decimal.
= the nominal annual interest rate as a decimal.
C
⎞
NOM
+ −
⎟
1 1
⎠
C
NOM
−
e ) 1
∑
x y
=
y
n
wx
∑
w
Bx
A
∑ ∑
⋅
x y
∑
−
xy
n
=
( )
∑ 2
x
∑
2 −
x
n
B x
Appendix D: Formulas Used
Page: 191 of 209
Dimension: 14.8 cm x 21 cm
191