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Informations about the package mathfinance

๐Ÿงฎ math

Package for financial math functions

๐Ÿ“˜ Description

This package contains assorted methods for fixed income instrument calculations, enabling developers to perform accurate and reliable financial math operations such as interest calculations, depreciation, bond valuation, and more.


๐Ÿ’พ Installing

๐Ÿ“ฆ Install application via Composer


๐Ÿš€ Usage

๐Ÿ“– Overview

The math class provides several financial math functions. These methods largely mirror Microsoft Excel functions and extend the legacy PEAR math classes. The package also comes with a bond interest calculation class, which is compliant with interest calculations used in various exchanges worldwide, such as Central Bank of Kenyas 364 days calculation.


๐Ÿงฑ Named Constants


๐Ÿงฎ Using the Math Package

๐Ÿ” Calculating Accrued Interest on Bonds


๐Ÿ“ˆ Bond Interest Calculation Guide

A detailed guide to the formulas and logic for computing bond interest for fixed income instruments including actual/actual, 30/360, and RFR-based methods.

๐Ÿ“˜ View Full Guide


๐Ÿ”ข Computing Financial Math


๐Ÿงช Testing

Unit tests are provided using PHPUnit.


๐Ÿค Contribute


โš–๏ธ License

BSD-3-Clause


All versions of mathfinance with dependencies

PHP Build Version
Package Version
Requires php Version >=7.4.0
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