Solution 11242: Converting Nominal Interest to an Annual Percentage Rate (APR) Using the BA II PLUS™or the BA II PLUS™ PROFESSIONAL.
How do I convert a nominal interest rate to an annual percentage rate (APR) using the BA II PLUS or the BA II PLUS PROFESSIONAL?
Example: Convert a 9.75% nominal rate (compounded daily) to an annual effective rate.
• Press [2ND] [ICONV].
• Press [2ND] [CLR WORK].
• Press  [.]   [ENTER].
• Press [↓] [↓].
• Press    [ENTER].
• Press [↑] [CPT].
The computed APR is 10.24%
For more information please see the BAII Plus or BAII Plus Professional guidebook.