Re: Calculation assistance.. :)

From: Date: Sat, 20 Sep 2008 17:17:45 +0000
Subject: Re: Calculation assistance.. :)
References: 1  Groups: php.general 
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Stephen Johnson a écrit :
OK.. Math is NOT my forte ... I am converting a site from ASP to PHP ... And this calc is in the ASP Code :
    $nMonthlyInterest = $nRate / (12 * 100)
Wow, that's rather not good. Learn about <http://en.wikipedia.org/wiki/Geometric_progression>. Because : 12 % of 100 is 12 but if you get 1 % each month : 1 % of 100 the first month 1 % of 99 the second month etc. so it will be less than 12. -- Mickaël Wolff aka Lupus Michaelis http://lupusmic.org

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