Calculates the effective interest rate for a nominal rate compounded continuously.
Nom: The nominal interest rate.
Calculate the effective interest rate for a nominal rate of 10% compounded continuously?
Value | Keystrokes | Display | Description |
---|---|---|---|
10 | Nom | 10.000 | Stores the value. |
Eff | 10.517 | Calculates the effective rate. |
Calculate the nominal rate for an effective rate of 5.2% compounded continuously.
Value | Keystrokes | Display | Description |
---|---|---|---|
5.2 | Eff | 5.2000 | Stores the value. |
Nom | 5.069 | Calculates the nominal rate. |
Reference:
Effective interest rate - Wikipedia