Casio ALGEBRA FX2.0 Financial Manual de usuario descargar pdf (Pagina 16)

6. Interest Rate Conversion

The procedures in this section described how to convert between the annual percentage rate

and effective interest rate.

uFormula

EFF =

APR/100

–1 × 100

APR =

100

EFF

–1 × n ×100

Press 5(CNVT) in the Financial 1 screen to display the following input screen for interest rate

conversion.

• 5(CNVT)

n....................................... number of compoundings

I% ............................... interest rate

After configuring the parameters, press one of the function keys noted below to perform the

corresponding calculation.

• 1('EFF) ... Converts annual percent rate to effective interest rate

• 2('APR) ... Converts effective interest rate to annual percent rate

•An error (Ma ERROR) occurs if parameters are not configured correctly.

Use the following function key to maneuver between calculation result screens.

• 1(REPT) ... Parameter input screen

APR : annual percentage rate (%)

EFF : effective interest rate (%)

n : number of compoundings

1 2 ... 11 12 13 14 15 16 17 18 19 20 21 ... 26 27

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