Calculating Effective & Nominal Interest Rate using HP 10BII+ Financial Calculator
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Calculating Effective & Nominal Interest Rate using HP 10BII+ Financial Calculator
In this lesson, we show how to calculate the effective interest rate (EAR) and the nominal interest rate (APR) using the financial calculator HP 10BII Plus. We show how to change from nominal interest rate to effective interest rate, from effective interest rate to nominal interest rate, and from nominal interest to nominal interest with ...
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