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run code in 200+ php & hhvm versions
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<?php $rate1 = 0.02; $var = number_format(1260,2,'.',''); echo $var,"\n"; var_dump($rate1 * $var);
Output for 5.6.0 - 5.6.30, hhvm-3.15.4, 7.0.0 - 7.2.0
1260.00 float(25.2)