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20070201
7-6 Interest Rate Conversion
The procedures in this section describe how to convert between the annual percentage rate
and effective interest rate.
u
Formula
APR
: annual percentage rate (%)
EFF
: effective interest rate (%)
n
: number of compoundings
Press
5
(CNVT) from the Financial 1 screen to display the following input screen for interest
rate conversion.
5
(CNVT)
n
.................................. number of compoundings
I
% ................................. interest rate
After confi guring the parameters, use one of the function menus noted below to perform the
corresponding calculation.
• {
'
EFF
} … {converts annual percentage rate to effective interest rate}
• {
'
APR
} … {converts effective interest rate to annual percent rate}
• An error (Ma ERROR) occurs if parameters are not confi gured correctly.
Use the following function menu to maneuver between calculation result screens.
• {
REPT
} … {parameter input screen}
EFF
=
n
APR/
100
1 +
–1
×
100
n
EFF
=
n
APR/
100
1 +
–1
×
100
n
APR
=
100
EFF
1 +
–1
×
n
×
100
1
n
APR
=
100
EFF
1 +
–1
×
n
×
100
1
n
7-6-1
Interest Rate Conversion
Summary of Contents for CFX-9850GB PLUS
Page 19: ...20070201 4 Contents Appendix 1 Error Message Table α 1 1 2 Input Ranges α 2 1 ...
Page 335: ...20070201 u Input Example u Results 6 5 25 Tests ...
Page 361: ...20070201 Calculation Result Output Example p F distribution probability 6 7 15 Distribution ...
Page 435: ...20070201 8 8 2 Program Library egcw w ww w ...
Page 437: ...20070201 8 8 4 Program Library Example 1 Example 2 fw fw baw baw bf ca w w ...
Page 439: ...20070201 8 8 6 Program Library d wba wb w w ...
Page 441: ...20070201 8 8 8 Program Library dw fcde fcde w wfcde daw wfcde w ...
Page 443: ...20070201 8 8 10 Program Library b awaw bwaw aw x d w ...
Page 591: ...20070201 Appendix 1 Error Message Table 2 Input Ranges α ...