AEntering the CNVR Mode

• Press nto enter the CNVR Mode.

Value Input Screen

ASetting Values

No.

Display

Name

Values Used

in Examples

 

 

 

1

n

Number of Annual

6

Compoundings

 

 

 

 

 

 

 

2

I

Interest Rate (Annual)

3%

 

 

 

 

ABasic CNVR Mode Procedure

Example 1: To convert a nominal interest rate (APR) to

an effective interest rate (EFF)

1.Input the number of annual compoundings (n) and interest rate (I) values from the Setting Values table above.

• For this example, use fcto select 1“n”, input 6, and then press E.

•Use fc to select 2“I”, input 3, and then press

E.

2.Select the value you want to calculate.

• For this example, use fcto select “EFF: Solve”.

3. Press lto perform the calculation.

• Pressing the Ekey returns to the value input screen.

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