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Compound Interest Calculation Script is used to find the future value of a sum of money, given a fixed interest rate.
Following code is Compound Interest Calculation Script core code if you need to copy and use to your website.
The formula to calculate the future value (F) of a particular amount (P), given a fixed interest rate (r) and a fixed number of years (n) is F = P(1 + r/100)n. Performing the calculation in PHP is a simple matter of turning this formula into executable code. Nevertheless, you'd be surprised how many novice programmers forget all about PHP's operator precedence rules and, as a result, generate incorrect results. The previous listing uses braces to correctly define the order in which the variables are processe
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