The file must be called (driver program) SavingsAccount.java (handles interest a

Question

The file must be called (driver program) SavingsAccount.java (handles interest and balance calculations)
Example: KenDeweyProg4.java (driver program) SavingsAccount.java
Ensure you include ALL files required to make your program compile and run. I would like to see your .java files only.
Proper coding conventions required the first letter of the class start with a capital letter and the first letter of each additional word start with a capital letter. 4
Overall Requirements
Write a program that establishes two savings accounts with saver1 having account number 10002 with an initial balance of $2,000, and saver2 having account 10003 with an initial balance of $3,000. Set a common rate of interest at 5% per year. At the end of each month, update the balance by adding one month

Explanation / Answer

This is the exact answer for ur question..

SavingsAccount Class

public class SavingsAccount {


private double annualInterestRate;
private int ACCOUNT_NUMBER;
private double balance;

public SavingsAccount(int aCCOUNT_NUMBER, double balance) {
super();
ACCOUNT_NUMBER = aCCOUNT_NUMBER;
this.balance = balance;
}

public SavingsAccount(double annualInterestRate, int aCCOUNT_NUMBER,
double balance) {
super();
this.annualInterestRate = annualInterestRate;
this.ACCOUNT_NUMBER = aCCOUNT_NUMBER;
this.balance = balance;
}

public SavingsAccount() {
super();
}

public double getAnnualInterestRate() {
return annualInterestRate;
}

public void setAnnualInterestRate(double annualInterestRate) {
this.annualInterestRate = annualInterestRate;
}

public int getACCOUNT_NUMBER() {
return ACCOUNT_NUMBER;
}

public void setACCOUNT_NUMBER(int aCCOUNT_NUMBER) {
ACCOUNT_NUMBER = aCCOUNT_NUMBER;
}

public double getBalance() {
return balance;
}

public void setBalance(double balance) {
this.balance = balance;
}
public double addMonthlyInterest()
{
double intrestBalance=balance * annualInterestRate / 12 ;
return intrestBalance;
}
}

YourNameProg4 Class
public class YourNameProg4 {

   
    public static void main(String []args)
    {
        //instantiating saver1
        SavingsAccount saver1=new SavingsAccount(10002,2000.00);
        saver1.setAnnualInterestRate(0.05); //setting intrestrate for saver1
        //instantiating saver2
        SavingsAccount saver2=new SavingsAccount(10003,3000.00);
        saver2.setAnnualInterestRate(0.05);//setting intrest rate for saver2
       
        System.out.println("Monthly balances for one year with 0.05 annual interest:");
        System.out.println("Month Account #Balance Account # Balance");
        System.out.println("0 "+saver1.getACCOUNT_NUMBER()+" #"+saver1.getBalance()+" "+saver2.getACCOUNT_NUMBER()+" #"+saver2.getBalance());
        for(int i=0;i<12;i++)
        {
            double newSaver1Balance=saver1.getBalance() +saver1.addMonthlyInterest();
            saver1.setBalance(newSaver1Balance);
            double newSaver2Balance=saver2.getBalance() + saver2.addMonthlyInterest();
            saver2.setBalance(newSaver2Balance);
            System.out.println((i+1) +" "+ saver1.getACCOUNT_NUMBER() +" #"+ newSaver1Balance +" "+ saver2.getACCOUNT_NUMBER() +" #"+newSaver2Balance );
        }
        System.out.println("Final balance of both accounts combined:"+ (saver1.getBalance() + saver2.getBalance()));
    }
}

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