Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Add a check box at the bottom of the first page that is labeled Compound Interest Monthly. If this box is checked, the interest

1. Add a check box at the bottom of the first page that is labeled Compound Interest Monthly. If this box is checked, the interest should be calculated monthly instead of yearly, so you need to change the Future Value calculation to provide for that.

2. On the second page, display some text that indicates whether the interest is being calculated monthly or yearly.

3. Code to calculate compounding monthly is in the image below. image text in transcribed

4. Below is an example of the page when loaded. image text in transcribed

5. And, if the Compound Interest Monthly checkbox is checked, this would be the result image text in transcribed

display_results.php -

// validate investment if ($investment === FALSE ) { $error_message = 'Investment must be a valid number.'; } else if ( $investment

} else if ( $interest_rate >= 15 ) { $error_message = 'Interest rate must be less than or equal to 15.'; // validate years

} else if ( $years === FALSE ) { $error_message = 'Years must be a valid whole number.'; } else if ( $years 30 ) { $error_message = 'Years must be less than 31.'; // set error message to empty string if no invalid entries } else { $error_message = ''; }

// if an error message exists, go to the index page if ($error_message != '') { include('index.php'); exit(); }

// calculate the future value $future_value = $investment; for ($i = 1; $i

// apply currency and percent formatting $investment_f = '$'.number_format($investment, 2); $yearly_rate_f = $interest_rate.'%'; $future_value_f = '$'.number_format($future_value, 2);

$now = new DateTime();

?>

Future Value Calculator

Future Value Calculator

format('m-d-Y'); ?>

index.php -

Future Value Calculator

Future Value Calculator

if (isset (S_POSTI' compound monthly'])) 7compound monthly compounded_monthly -'Yes' Smonths?years12; Smonthly_rate - s / 12: for ($i-1: $i

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Pro PowerShell For Database Developers

Authors: Bryan P Cafferky

1st Edition

1484205413, 9781484205419

More Books

Students also viewed these Databases questions

Question

Write a java program to generate a keystream used for stream cipher

Answered: 1 week ago