07 Jun Prog._Assignment — Week 4
Question
ProgramChapter13
GradingInformation:ThisProgramisdueonSundayatMidnight.Comments areREQUIRED;flowcharts andpseudocodeareNOTREQUIRED.
| Directions | Points |
| Thefile mustbecalled <YourNameChapter13.java>(driverprogram)FiLiSavingsAccount.java(handlesinterestandbalancecalculations) (FiLi=FirstInitialLastInitial)
Example:KenDeweyChapter13.java(driverprogram) KDSavingsAccount.java Ensureyouinclude ALL filesrequiredtomakeyour program compileandrun.Iwouldlike toseeyour .javafilesonly. Propercoding conventionsrequiredthefirstletter oftheclass startwithacapital letterandthefirstletter ofeachadditionalwordstartwithacapital letter. |
5% |
| OverallRequirements
Writeaprogram thatestablishestwosavingsaccountswithsaver1havingaccount number10002with aninitialbalanceof$2,000,and saver2 havingaccount10003 withaninitialbalance of$3,000.Setacommon rateofinterestat5%peryear.Atthe endofeachmonth,update thebalanceby addingonemonth’sinteresttothe balance,sothatthebalancecompoundsmonthly.Printanoutputthatdisplaysthemonthnumberandtheaccountnumberandthebalanceforeachofthetwo accounts.Usemonth0todisplay theinitialbalances,month1todisplaythe balancesafterthefirst month’sinterest,andsoon.Attheendoftheyear, displaythe totalbalanceforbothaccountscombined,likethis: Output: Monthlybalancesforoneyear with0.05annual interest:MonthAccount# BalanceAccount # Balance ————– —————- ——- 0 10002 2000.00 10003 3000.00 1 10002 2008.33 10003 3012.50 2 10002 2016.70 10003 3025.05 3 10002 2025.10 10003 3037.66 4 10002 2033.54 10003 3050.31 5 10002 2042.02 10003 3063.02 6 10002 2050.52 10003 3075.79 7 10002 2059.07 10003 3088.60 8 10002 2067.65 10003 3101.47 |
10% |
| 9 10002 2076.26 10003 3114.39
10 10002 2084.91 10003 3127.37 11 10002 2093.60 10003 3140.40 12 10002 2102.32 10003 3153.49 Finalbalanceofbothaccountscombined:5255.81 Usetwoclasses,aFiLiSavingsAccountclassandaYourNameChapter13asyour Driverclass. |
|
| FiLiSavingsAccount.javaclass
IntheSavingsAccountclass,declare aclassvariablecalledannualInterestRate,aninstanceconstantcalledACCOUNT_NUMBER,andaninstancevariablecalledbalance.Provideatwo-parameterconstructortoinitializetheinstanceconstantandinstancevariable,andprovideaccessorsfortheinstanceconstantandinstancevariable.ProvideanaddMonthlyInterestmethodtoupdatethebalance,byadding (balance*annualInterestRate/12)tothecurrentbalance. Youarealsorequiredtoprovideaclassmethod thatsetstheannualinterestrate. |
40% |
| YourNameChapter13.javaclass
IntheYourNameChapter13Driver class,instantiatethe saver1andsaver2objects.Settheannual interestrateat0.05.Printthetableheading lines.Useaforlooptoprinttheinitialaccountnumbersandbalancesand theaccountnumbersand balanceseachmonth afterthatmonth’s interesthasbeenadded.After thelast month’s printout,computeanddisplaythetotalofbothbalances. |
40% |
| Yourdrivershouldgeneratethefollowingoutputs: | 5% |
| Output: | |
| Monthlybalancesforoneyear with0.05annual interest: | |
| MonthAccount# BalanceAccount # Balance | |
| ————– —————- ——- | |
| 0 10002 2000.00 10003 3000.00
1 10002 2008.33 10003 3012.50 |
|
| 2 10002 2016.70 10003 3025.05 | |
| 3 10002 2025.10 10003 3037.66 | |
| 4 10002 2033.54 10003 3050.31 | |
| 5 10002 2042.02 10003 3063.02 | |
| 6 10002 2050.52 10003 3075.79 | |
| 7 10002 2059.07 10003 3088.60 | |
| 8 10002 2067.65 10003 3101.47 | |
| 9 10002 2076.26 10003 3114.39 | |
| 10 10002 2084.91 10003 3127.37 | |
| 11 10002 2093.60 10003 3140.40 |
| 12 10002 2102.32 10003 3153.49
Finalbalanceofbothaccountscombined:5255.81 |
|
| Uploadyourpage totheDropbox.
NOTE:Completeyouractivityandsubmitittothe DropboxineCollege |
|
| TotalPoints |
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