Texas Instruments TI-83 Calculator User Manual


 
14-12 Financial Functions
8314FINA.DOC TI-83 international English Bob Fedorisko Revised: 02/19/01 12:50 PM Printed: 02/19/01 1:38 PM
Page 12 of 14
Use the interest conversion functions (menu items B and
C) to convert interest rates from an annual effective rate to
a nominal rate (
4
Nom(
) or from a nominal rate to an annual
effective rate (
4
Eff(
).
4
Nom(
computes the nominal interest rate.
effective rate
and
compounding periods
must be real numbers.
compounding periods
must be >0.
4
Nom(
effective rate
,
compounding periods
)
4
Eff(
computes the effective interest rate.
nominal rate
and
compounding periods
must be real numbers.
compounding periods
must be >0.
4
Eff(
nominal rate
,
compounding periods
)
Calculating Interest Conversion
Calculating an
Interest
Conversion
4
Nom(
4
Eff(