Create a .java file that has class SavingsAccount. Use a static variable annualInterestRate to store the annual interest rate for all account holders. Each object of the class contains a private instance variable savingsBalance indicating the amount the saver currently has on deposit. Provide method calculateMonthlyInterest to calculate the monthly interest by multiplying the savingsBalance by annualInterestRate divided by 12- this interest should be added to savingsBalance. Provide a static method setInterestRate that sets the annualInterestRate to a new value....
Code should be in C# Create a class called SavingsAccount. Use a static variable called annualInterestRate to store the annual interest rate for all account holders. Each object of the class contains a private instance variable savingsBalance, indicating the amount the saver currently has on deposit. Provide method CalculateMonthlyInterest to calculate the monthly interest by multiplying the savingsBalance by annualInterestRate divided by 12 – this interest should be added to savingsBalance. Provide static method setAnnualInterestRate to set the annualInterestRate to a new value....
Application should be in C# programming language Create a class called SavingsAccount. Use a static variable called annualInterestRate to store the annual interest rate for all account holders. Each object of the class contains a private instance variable savingsBalance, indicating the amount the saver currently has on deposit. Provide method CalculateMonthlyInterest to calculate the monthly interest by multiplying the savingsBalance by annualInterestRate divided by 12 – this interest should be added to savingsBalance. Provide static method setAnnualInterestRate to set the...
Using C++ Please make sure you comment each section of the program so I can better understand it. Thank you! Assignment Content You are now working for a bank, and one of your first projects consists of developing an application to manage savings accounts. Create a C++ program that does the following: Creates a SavingsAccount class Uses a static data member, annualInterestRate, to store the annual interest rate for each of the savers Ensures each member of the class contains...
Define a class SavingsAccount with following characteristics. Use a static variable annualInterestRate of type float to store the annual interest rate for all account holders. Private data member savingsBalance of type float indicating the amount the saver currently has on deposit. Method calculateMonthlyInterest to calculate the monthly interest as (savingsBalance * annualInterestRate / 12). After calculation, the interest should be added to savingsBalance. Static method modifyInterestRate to set annualInterestRate. Parameterized constructor with savingsBalance as an argument to set the value...
In C++ Write a program that contains a BankAccount class. The BankAccount class should store the following attributes: account name account balance Make sure you use the correct access modifiers for the variables. Write get/set methods for all attributes. Write a constructor that takes two parameters. Write a default constructor. Write a method called Deposit(double) that adds the passed in amount to the balance. Write a method called Withdraw(double) that subtracts the passed in amount from the balance. Do not...
IN JAVAThe code is attached below has the Account class that was designed to model a bank account. An account has the properties account number, balance, annual interest rate, and date created, and methods to deposit and withdraw funds. I need creat program using the 2 java programs.Create two subclasses for checking and savings accounts. A checking account has an overdraft limit, but a savings account cannot be overdrawn.I need to write a test program that creates objects of Account,...
Please show it in C++. Thank you! Problem Definition Create an inheritance hierarchy containing base class Account and derived class Savings-Account. Base class Account should include one data member of type double to represent the account balance. The class should provide a constructor that receives an initial baiance and uses it to initialize the data member. The class should provide three member functions. Member function credit should add an amount to the current balance. Member function debit should withdraw money...
•create a new savings account object (for choice 2). •ask the user to enter an initial balance which should be greater than 50. If the entered amount is less than 50, the program will ask the user to enter another amount. This continues until an amount greater than 50 is entered. •Set the balance of the savings account object by calling the setBalance() method. •Ask the user to deposit an amount. Deposit that amount and display the balance of the...
For this week's assignment , please create an application following directions in the attached document.(windows form application) Create a base class named Account and derived classes named SavingsAccount and CheckingAccount that inherit from class Account. Base class Account should include one private instance variable of type decimal to represent the account balance. The class should provide a constructor that receives an initial balance and uses it to initialize the instance variable with a public property. The property should validate the...