299148 Java - Calculating interest
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This is yet another homework project.
Write a class named Account to model accounts. (The properties and methods of the class are shown below). Interest is compounded monthly.
Write a client account to test the Account class. In the client program, create an account object with an account ID of 1122, a balance of 20,000, and an annual interest rate of 4.5%. Use the withdraw method to withdraw $2500, use the deposit method to deposit $3000, and print the balance and the monthly interest.
+Account(id: int, balance: double, annualInterestRate: double)
+setID(id: int): void
+setBalance(balance: double): void
+setAnnualInterestRate(annualInterestRate: double): void
+withdraw(amount: double): void
+deposit(amount: double): void
The Account class contains the properties id, balance, annual interest rate, accessor methods, and the methods for computing interest, withdrawing money, and depositing money.
Please name the project "[url removed, login to view]" and save the client program (main) and the Account class in the same file, then send me both .java and .class files.
The formula to calculate the interest is:
interest = balance * (annualInterestRate / 12)
Attached is a sample demo for how the project should run and what it should look like. If you have any additional questions, please feel free to ask. Thank you.
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