Interest Conversion Menu
:&
Nom.%
Eff.% DWN
C/YR
Figure 3 The Menu Map for the Interest Conversion Menu
To open the Interest Conversion menu (IConv) press :&.
Table
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. |
|
|
Time Value of Money 33