TI-83 Plus Applications 459
Calculating Interest Conversion
Calculating an Interest Conversion
Use the interest conversion functions (menu items B and C) to convert
interest rates from an annual effective rate to a nominal rate (4Nom( ) or
from a nominal rate to an annual effective rate (4Eff( ).
4Nom(
4Nom( computes the nominal interest rate. effective rate and compounding
periods must be real numbers. compounding periods must be >0.
4Nom(effective rate,compounding periods)
4Eff(
4Eff( computes the effective interest rate. nominal rate and compounding
periods must be real numbers. compounding periods must be >0.
4Eff(nominal rate,compounding periods)