Casio CFX-9850G PLUS Calculations Manual page 26

19 - 6
Conversion between Percentage Interest Rate and Effective Interest Rate
In the set up screen, specify "Norm1" for Display and then press J.
P.6
Perform the following key operations from the input screen.
346
Example Calculate the annual percentage rate for an account paying an
effective interest rate of 12.55%, compounded quarterly.
ew ( n
= 4)
bc.ffw(
2 ('APR)
• The obtained value is assigned to
I
% = 12.55%)
I
%.