Hi, I\'m having a little problem with this program. Wanted to see if it is possi

Question

Hi, I'm having a little problem with this program. Wanted to see if it is possible somebody can help me.

Create a class called BankAccount

Each object of the class contains a name, accountNumber, and savingsBalance field

Create getter/setter method for all your fields, using the "this" reference when referring to the fields

Also create a deposit and withdraw method, which takes a parameter and modifies the balance

Overload the BankAccount constructor (have at least 3), and use the "this" reference to call the constructor with the most parameters.

Use a static variable annualInterestRate to store the annual interest rate for all account holders

Provide method calculateMonthlyInterest to calculate the monthly interest by multiplying the savingsBalance by the annualInterestRate divided by 12 - this interest should be added to the savingsBalance

Write a Driver class with a main method to test out your BankAccount class.

Create two BankAccount objects account1 and account2, with balances of $2000.00 and $3000.00

Set the annualInterestRate to 4%, then calculate the monthly interest for the next 12 months and print out the new balances for both account objects

Perform all calculations by using the BigDecimal's class

Explanation / Answer

class BankAccount{
String name;
int accountNumber;
double savingsBalance;

//Constructors with overload
public BankAccount(){System.out.println("BankAccount Obj created with no initial values");}
public BankAccount(String name){
this.name = name;
}
public BankAccount(String name, int accountNumber){
this.name = name;
this.accountNumber = accountNumber;
}
public BankAccount(String name, int accountNumber, double savingsBalance){
this.name = name;
this.accountNumber = accountNumber;
this.savingsBalance = savingsBalance;
}

//Getter methods
String getName(){ return this.name;};
int getAccountNumber(){return this.accountNumber;};
double getSavingsBalance(){return this.savingsBalance;};

//Deposit and Withdraw methods
void deposit(double amount){this.savingsBalance = this.savingsBalance + amount;};
void withdraw(double amount){this.savingsBalance = this.savingsBalance - amount;};
double calculateMonthlyInterest(int annualInterestRate){
double annualInterest = (this.savingsBalance * annualInterestRate)/100;
return annualInterest/12.0;
};
}

//Driver Class
public class DriverClass{
static int annualInterestRate = 4;
public static void main(String[] args){
BankAccount account1= new BankAccount("Sumanth",01234,2000.00);
BankAccount account2= new BankAccount("Srikanth",43210,3000.00);
double account1Interest = account1.calculateMonthlyInterest(annualInterestRate);
double account2Interest = account2.calculateMonthlyInterest(annualInterestRate);
account1.deposit(account1Interest*12); //for next 12 months balance
account2.deposit(account2Interest*12); //for next 12 months balance
System.out.println("Account1 Balance:::"+account1.getSavingsBalance());
System.out.println("Account2 Balance:::"+account2.getSavingsBalance());
}
}

Output::
---------
Account1 Balance:::2080.0
Account2 Balance:::3120.0

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