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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 (
4
Nom(
) or
from a nominal rate to an annual effective rate (
4
Eff(
).
4
Nom(
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(
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
)
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