Interest conversion menu – HP 30b Business Professional Calculator User Manual
Page 41
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
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