The DEG indicator on the screen is a reminder to the user that the ANGLE unit is in degrees. You can change the angle unit to Radian or Grads. That does not have any incidence on other calculations. It only affects the computation of trigonometric functions : sine, cosine, tangent, arc cosine, arc sine and arctangent. So if you have syntax error in the calculation of the interest formula, I can assure you it has NOTHING to do with the angle unit.
I do not see the formula you are trying to use, so I cannot be sure what you are doing wrong.
I suggest you write the correct formula on paper and enter it step by step. A step is defined by an operation: multiplication, division, power. Start with the content of parentheses and work toward the outside. The last result is always the one stored in Answer memory (Ans).
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