Interest Conversion Menu - HP 30b - Business Professional Calculator User Manual
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Also See for 30b - Business Professional Calculator:
- Quick start manual (40 pages) ,
- Brochure (4 pages) ,
- Specifications (2 pages)
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Interest Conversion Menu
To open the Interest Conversion menu (IConv) press
Table 3-5 Interest Conversion Menu Items
Item
Nom.%
Eff.%
C/YR
:&
Nom.%
Eff.%
C/YR
Figure 3 The Menu Map for the Interest Conversion Menu
Description
Nominal interest rate: the stated annual interest rate compounded as represented by
C/YR, such as 18% compounded monthly (C/YR=12 ).
Effective annual interest rate taking compounding into account.
Compounding periods per year. Default is 12.
DWN
:&
.
Time Value of Money
33
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