US4507745A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Data processing apparatus having alterable interest rate mode capability
Assignee: Texas Instruments Inc
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Filing: 1981-12-21
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Granted: 1985-03-26
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Expires: 2001-12-21
Abstract
Abstract A data processing apparatus having preprogrammed functions for calculating interest rate dependent variables employs an interest rate mode designation command to enable operation in a selected one of a set of interest rate modes. In the preferred embodiment actuation of an AEC key advances the interest rate mode in a circularly sequential manner among annual percentage rate (sometimes referred to an annual nominal interest rate), annual effective interest rate and annual continuous interest rate. In the preferred embodiment actuation of a key sequence including a compute key and the AEC key enables conversion of an interest rate specified in a first mode into an interest rate specified in the next sequential mode. The data processing apparatus includes a means for outputting an indication of the current interest rate mode.
Inventors
- 👤 Mahendra P. Agrawal
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-25 09:24
CPC Classifications
G; G06; G06Q; G06Q40/00; G06Q40/02; G06F; G06F15/00; G06F15/02; G06F15/025
Claims Analysis
Total Claims: 7
Claim 1
Independent Claim
165 words
A data processing apparatus comprising: an operator input means for entering numerical data and operational commands, said operational commands including (a) at least one interest rate dependent operational command corresponding to an interest rate dependent data processing function and (b) at least one interest rate mode designation command for designating one of a plurality of interest rate specification modes, said operator input means further includes means for designating one of a circularly sequential ordered set composed of said plurality of interest rate specification modes and means for designating the next sequential one of saidordered set of said interest rate specification modes upon entry of said interest rate mode designation command; an arithmetic means, responsive to said input means, for performing entered operational commands on entered data and generating a result, including performing interest rate dependent operational commands on entered data in the designated interest rate specification mode; and an output means for generating an operator perceivable indication of said result generated by said arithmetic means.
Claim 2
Dependent Claim
165 words
A data processing apparatus comprising: an operator input means for entering numerical data and operational commands, said operational commands including (a) at least one interest rate dependent operational command corresponding to an interest rate dependent data processing function and (b) at least one interest rate mode designation command for designating one of a plurality of interest rate specification modes, said operator input means further includes means for designating one of a circularly sequential ordered set composed of said plurality of interest rate specification modes and means for designating the next sequential one of saidordered set of said interest rate specification modes upon entry of said interest rate mode designation command; an arithmetic means, responsive to said input means, for performing entered operational commands on entered data and generating a result, including performing interest rate dependent operational commands on entered data in the designated interest rate specification mode; and an output means for generating an operator perceivable indication of said result generated by said arithmetic means.
Claim 3
Dependent Claim
35 words
A data processing apparatus as claimed in claim 1, wherein: said sequentially ordered set of interest rate specification modes is composed of annual percentage interest rate, annual effective interest rate and annual continuous interest rate.
Claim 4
Dependent Claim
29 words
A data processing apparatus as claimed in claim 1, wherein: said output means further includes means for generating an operator perceivable indication of said designated interest rate specification mode.
Claim 5
Dependent Claim
49 words
A data processing apparatus as claimed in claim 3, wherein: said output means includes visual display means having a plurality of digits for providing an visual indication of said result and having an interest rate mode indicator for providing a visual indication of said designated interest rate specification mode.
Claim 6
Dependent Claim
31 words
A data processing apparatus as claimed in claim 1, wherein: said operator input means includes a keyboard having a plurality of operator actuable keys including an interest rate specification mode key.
Claim 7
Dependent Claim
88 words
A data processing apparatus as claimed in claim 1, wherein: said operational commands further include a plurality of independent variable designation commands, each for designating entered numeric data as a corresponding independent variable in said interest rate dependent data processing functions, said independent variables including the number of compounding periods per year and the number of payment periods per year, and said output means further comprises means for generating an operator perceivable indication of the type of independent variable upon entry of the corresponding independent variable designation command.
References Cited (Backward Citations)
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1988-03-25 | 1988-09-24 | 1989-03-26 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1992-03-25 | 1992-09-24 | 1993-03-26 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1996-03-25 | 1996-09-24 | 1997-03-26 | $7700.00 | Window Closed / Lapsed |