Continuously Compounded Interest Calculator : Float « Data Type « PHP

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PHP » Data Type » Float

Continuously Compounded Interest Calculator


 

<?php

function calc_continuous_compound_interest($a, $r, $y) {

    return $a * pow(M_E, $r * $y);

}



echo calc_continuous_compound_interest(5000, .0325, 3), '<br />';



?>

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