Suppose we want to compute the amount of money in a bank account with compound interest. If the amount of money in the account is m, the amount in the account at the end of the month will be 1.005m. Write a recursive method that will compute the amount of money in an account after t months with a starting amount of m.

Question

What will be an ideal response?

Answer 1

```
public static double compoundInterest(double start, int months){
double result;

if(months <= 0){
result = start;
} else {
result = 1.005 * compoundInterest(start, months-1);
}

return result;

}
```

This code is in Methods.java.