I'm trying to solve for an APR and the formula is not working. It is in PHP, I have a formula that successfully solves for the payment with the interest rate from an array. If I have a payment I want to be able to solve for the interest rate variable. Here is the formula below:
$payment = number_format($current_loan_amount * ($csv[ $x ][0]/100/12) / (1-(pow((1 + $csv[ $x ][0]/100/12),- 360))), 2);
For testing purposes, payment is $886.55
current_loan_amount is $200,000
I need a variable set for $csv[ $x ][0] and solved with code. Both payment and current_loan_amount will change so I don't need an answer, I just need it setup in php.
====Please hire me! I will do it perfectly!====
Hi, I am math expert and program developer
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8 freelancers están ofertando un promedio de $23 USD por este trabajo
Hi there
I am a senior software engineer with 10 years of practical programming experience.
I have excellent programming and development skills in various programming languages
and frameworks. I am interested in your project. I will provide an efficient, robust
and well documented solution with dedicated support. I will anticipate to discuss the
details to get started.
Thanks
Farah Khan
Hi, there
I checked your proposal carefully, I can understand what you want now.
I can solve it as you want.
In fact, it is simple task for me with my high math and php skill
After your offer, I can start right now.
I look forward to talking to you.
thanks