Compound Interest : Float « Data Type « PHP

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PHP » Data Type » 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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