- pow: documentation ( source)
<?php
$p = 0; // Starting amount
$i = 0.06; // Interest rate
$c = 12; // compound frequency set to monthly
$n = 6/12; // Current time invested set to 6 months
$r = 200; // Monthly investment is 200
$x = $i / $c;
$y = pow((1 + $x), ($n * $c));
if($p!=0)
{
$vf = $p * $y + ($r * ($y - 1) / $x);
}
else
{
$vf = 1 + $y + ($r * ($y - 1) / $x);
}
echo $vf;