Calculating Interest Conversion; Finding Days Between Dates/Defining Payment Method - Texas Instruments TI-84 PLUS - Graphing Calculator Manual Book

Calculating Interest Conversion

Calculating an Interest Conversion
Use the interest conversion functions (menu items
annual effective rate to a nominal rate (4
(4 ).
Eff(
4Nom(
computes the nominal interest rate.
4 Nom(
numbers.
compounding periods
Nom(effective rate,compounding periods)
4
4Eff(
computes the effective interest rate.
4 Eff(
must be >0.
compounding periods
Eff(nominal rate,compounding periods)
4

Finding Days between Dates/Defining Payment Method

dbd(
Use the date function
dbd(
the actual-day-count method.
of the dates on the standard calendar.
Dates must be between the years 1950 through 2049.
Note:
dbd(date1,date2)
You can enter and
date1
• MM.DDYY (United States)
• DDMM.YY (Europe)
) or from a nominal rate to an annual effective rate
Nom(
effective rate
must be >0.
nominal rate
(menu item ) to calculate the number of days between two dates using
D
and can be numbers or lists of numbers within the range
date1 date2
in either of two formats.
date2
and ) to convert interest rates from an
B C
and
compounding periods
and
compounding periods
Chapter 14: Applications
must be real
must be real numbers.
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