How can floating point precision issues be addressed in PHP when performing arithmetic operations?

Floating point precision issues in PHP can be addressed by using the `bcmath` extension, which provides arbitrary precision arithmetic functions. By using `bcmath` functions like `bcadd`, `bcsub`, `bcmul`, and `bcdiv`, you can perform arithmetic operations with higher precision and avoid rounding errors that occur with standard floating point numbers.

// Example of using bcmath functions to perform arithmetic operations with higher precision
$num1 = '0.1';
$num2 = '0.2';

$sum = bcadd($num1, $num2, 10); // Perform addition with 10 decimal places precision
$diff = bcsub($num1, $num2, 10); // Perform subtraction with 10 decimal places precision
$prod = bcmul($num1, $num2, 10); // Perform multiplication with 10 decimal places precision
$quot = bcdiv($num1, $num2, 10); // Perform division with 10 decimal places precision

echo "Sum: $sum\n";
echo "Difference: $diff\n";
echo "Product: $prod\n";
echo "Quotient: $quot\n";