SIP Calculator in PHP with Source Code

SIP Calculator in PHP with Source Code

How to Create SIP Calculator in PHP – Web Application: SIP Calculator in PHP with source code, demo, and also how you can execute full program easily. To complete the program you need to follow those steps given bellow

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SIP Calculator in PHP with Source Code

To calculate SIP (Systematic Investment Plan) the main thing is the formula. The returns on SIP are calculated as per the amount of compound interest. You need to input the amount, return percentage, and select how many years you want to invest SIP Calculator automatically calculates the amount.

The formula of Calculate SIP-

monthly rate = return percentage/12/100;

future value =investment amount * (pow(1 + monthly rate, months) – 1) / monthly rate;

Back to coding, To complete this program with debugging free code you have to create only one file (index.php) because we use the bootstrap framework to style our CSS. And we also post data on the same page using the PHP function “isset($_POST[‘submit’]))” that only shows data ones it’s submitted.

index.php

Create a PHP file named ‘index.php‘ and put those codes given below.

Thank you for visiting! 

We appreciate you for your precious time. I hope you are learn something from here! If you have any queries about this coding comment down below we will reply ASAP.

Keep coding, Keep debugging!

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