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##### Prog._Assignment -- Week 4

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Question;Prog._Assignment -- Week 4;ProgramChapter13;GradingInformation:ThisProgramisdueonSundayatMidnight.Comments;areREQUIRED,flowcharts;andpseudocodeareNOTREQUIRED.;Directions;Points;Thefile;mustbecalled;(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;saver1;andsaver2objects.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;100%

Paper#36827 | Written in 18-Jul-2015

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