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Time Value of Money
33
Interest Conversion Menu
Figure 3 The Menu Map for the Interest Conversion Menu
To open the Interest Conversion menu (IConv) press :&.
Table 3-5 Interest Conversion Menu Items
Item Description
Nom.% Nominal interest rate: the stated annual interest rate compounded as represented by
C/YR, such as 18% compounded monthly (C/YR=12 ).
Eff.% Effective annual interest rate taking compounding into account.
C/YR Compounding periods per year. Default is 12.
:&
Nom.%
Eff.%
C/YR
DWN