recursive program
- by wilson88
I am trying to make a recursive program that calculates interest per year.It prompts the user for the startup amount (1000), the interest rate (10%)and number of years(1).(in brackets are samples)
Manually I realised that the interest comes from the formula YT(1 + R)----- interest for the first year which is 1100.
2nd year YT(1 + R/2 + R2/2) //R squared
2nd year YT(1 + R/3 + R2/3 + 3R3/) // R cubed
How do I write a recursive program that will calculate the interest? Below is the function which I tried
double calculateInterest(double startUp, double rate, double duration)
{
double cpdInterest = (duration*startUp)*(1 + rate);
if (duration == 0)
{
return cpdInterest;
}
else if (duration < 0)
{
cout << "Please enter a valid year";
}
else
{
calculateInterest(cpdInterest,rate,duration);
}
return cpdInterest;
}
