How do calculate infinite for APR

Jay_Ng · September 12, 2021, 5:26pm

hi how do I calculate APR for infinite when my EAR is 25.4%. possible to tell me the steps as I’m using Texas ba2 plus professional.

S2000magician · September 12, 2021, 6:49pm

ln(1 + 25.4%)

Jay_Ng · September 12, 2021, 7:00pm

Do u know how to show this in the ba2 plus professional calculator.

S2000magician · September 12, 2021, 7:14pm

Enter 1.254, then press the LN key (left column, 4^th from the bottom). The answer is 0.226338, or 22.6338%.

Jay_Ng · September 12, 2021, 7:30pm

Thank you so much!

S2000magician · September 12, 2021, 7:33pm

My pleasure.

breadmaker · September 12, 2021, 8:57pm

Using ICONV on the BAII (I’m at Starbucks and my BAII is back at home)

EFF 25.4 C/Y 525,600 (or something else super high) CPT NOM something darned close to 22.63384422

HerbsDelite · September 13, 2021, 2:22am

No wonder you are at Starbucks !

S2000magician · October 19, 2022, 5:30am

I’m pretty sure that wasn’t what OP meant.