Compound Interest : Float « Data Type « PHP






  1. PHP
  2. Data Type
  3. Float

Compound Interest

 
<?php
function calc_compound_interest($a, $r, $f, $y) {
    return $a * pow((1 + ($r / $f)), ($f * $y));
}

echo calc_compound_interest(5000, .0325, 365, 3), '<br />';
?>








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