I am having trouble understanding how to use the `exp()` function in PHP. I have read the documentation, but it is still not clear to me. I would greatly appreciate if someone could explain how this function works with a simple example.
I have a basic understanding of PHP, but I am relatively new to programming. I have tried looking for tutorials online, but the explanations are either too technical or assume a higher level of knowledge than I currently have.
From what I understand, the `exp()` function is used to calculate the exponential value of a number. However, I am not sure how to use it in practice. Can someone please provide a clear and easy-to-understand example of how this function can be used?
Additionally, if there are any specific parameters or considerations that I should keep in mind while using the `exp()` function, I would be grateful for any guidance in that regard as well.
Thank you in advance for your help!

I completely understand your confusion with the `exp()` function in PHP. When I first encountered it, I had a similar struggle in understanding its practical application. However, after some experimentation, I discovered a helpful use case for it.
One practical example where I found the `exp()` function to be useful is in calculating compound interest. Let's say you have a savings account with an interest rate of 5% and you want to calculate the future value of your savings after a certain period of time. The formula to calculate compound interest is: future value = present value * e^(interest rate * time), where e is Euler's number.
In PHP, you can use the `exp()` function to compute the exponential value of Euler's number. For instance, to calculate the future value of your savings after 5 years, you can use the following code snippet:
In this example, `$presentValue` represents your initial savings, `$interestRate` is the interest rate (0.05 for 5%), and `$time` denotes the number of years. By applying the `exp()` function on the product of the interest rate and time, you can effectively compute the exponential value required for the compound interest calculation.
Remember to adjust the values of `$presentValue`, `$interestRate`, and `$time` according to your specific scenario.
I hope this example clears up the confusion and helps you understand how to utilize the `exp()` function in a practical manner. Feel free to ask if you have any further questions!