HP-12C Viewing the manual shows the following when entering interest in a financial calculation.

Assume the problem has a interest rate of 13%Nowhere can I see that the 12C automatically converts the %

Enter 13 on the numeric keys.

Enter control key "g"

Press the interest key which enters "13%" divided by 12

or 1.08333 which is correct as far as it goes.

I have always been taught that 13% is = .13 decimal.

decimal.

Am I missing something? Thanks for your answers