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Unformatted text preview: .. Compound interest screen • An error (Ma ERROR) occurs if parameters are not configured correctly.
Use the following function keys to maneuver between calculation result screens.
• 1(REPT) ....... Parameter input screen
• 4(CMPD) ...... Compound interest screen
• 6(GRPH) ...... Draws graph After drawing a graph, you can press 1 (TRACE) to turn on trace and read calculation
results along the graph.
The first press of 1(TRACE) displays INT and PRN when n = 1. Each press of e shows
INT and PRN when n = 2, n = 3, and so on. Press i to turn off trace.
Press i again to return to the parameter input screen. 20010101 2-6-1
Interest Rate Conversion 2-6 Interest Rate Conversion
The procedures in this section describe how to convert between the annual percentage rate
and effective interest rate. u Formula
n EFF = 1 + APR/100
–1 × 100
n APR = 1 + EFF
n APR : annual percentage rate (%)
EFF : effective interest rate (%)
: number of compoundings –1 × n ×100 Press 5(CNVT) in t...
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- Spring '13