 Download<p align="center">Compund Interest</p>
About
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Get the values of the yearly interest rate, the amount to be interested monthly and the tenor.
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Calculate the monthly interest rate in percentage.
We have the opening and closing values.
The opening value starts at 0.
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Loop, (using a for loop) through the number of months and calculate the interest on both the
fixed amount to be invested monthly + opening value.
The closing value thus equals the interest on the amount to be invested + interest on the opening
value (which is the closing value of the previous day).
As you loop, increment and get the needed values - interest at the said month and total amount invested.
How to Use
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Git clone and composer install
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Run php artisan serve
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Visit /exercise to test code.
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