P1 : Problem Description: (The Account class) Design and implement a class named

Question

P1 : Problem Description:

(The Account class) Design and implement a class named Account that contains:

• A private int data field named id for the account (default 0).

• A private double data field named balance for the account (default 0).

• A private double data field named annualInterestRate that stores the current interest rate (default 0). Assume all accounts have the same interest rate.

• A private Date data field named dateCreated that stores the date when the account was created.

• A no-arg constructor that creates a default account.

• A constructor that creates an account with the specified id and initial balance.

• The accessor and mutator methods for id, balance, and annualInterestRate.

• The accessor method for dateCreated.

• A method named getMonthlyInterestRate() that returns the monthly interest rate.

• A method named withdraw that withdraws a specified amount from the account.

• A method named deposit that deposits a specified amount to the account.

Write a test program that creates 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 $2,500, use the deposit method to deposit $3,000, and print the balance, the monthly interest, and the date when this account was created.

Explanation / Answer

Hi Dear,

Please find my implementation of required program.

Output:

Balance: 20500.0
Monthly interest: 76.875
Date created: Thu Apr 12 02:22:53 IST 2018

Process finished with exit code 0

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