Private auction for Jtaborda (from Kanth90) on 10/20/2008 9:14:33 PM(repost)

Small Java Program for school. ## Deliverables Q 1: This problem? is related to inheritance. You need to define three classes named **Accounts**, **Saving_Account**, and **Bonus_Saver_Account**. ? Following are the important points of the problem / assignment. ? (a)? ? ? class **Saving_Account** will have the following instance variables. **? ** private int account? ? ? ? ? ? ? ? ? ? //? this field will represent the account number private double balance? //? this field will represent the balance of the account private double rate;? ? ? ? ? ? ? ? ? ? // this field will represent the interest rate ? (b)? ? class **Bonus_Saver_Account** is derived from class **Saving_Account.** ? (c)? ? ? Interest rate will be applied to the balance according to the formula as balance*rate. This will give new balance after applying the interest rate. ? (d)? ? You will develop following methods as part of your **Saving_Account** class. ? A constructor A method for deposit named as deposit ( ) A method for withdrawl named as withdrawl ( ) A method for adding interest named as add_interest ( ) ? (e)? ? ? the derived class **Bonus_Saver_Account** will have following two instance variables : ? PENALTY and it will have value (double 25.00 ) which cannot be changed in the program. BONUS_RATE, it will have value (double 0.03) and cannot be changed. ? ? ? ? ? ? Following methods will be part of the derived class: ? ? ? ? ? A constructor. ? ? ? ? ? A withdrawl method (*call super class withdrawl method* passing suitable parameters.) ? ? ? ? ? An add_interest method (this method will add additional BONUS_RATE to the? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? existing interest rate. *Call super class Add_interest ( )* ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? passing BONUS_RATE as parameter) ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (f)? ? ? class **Accounts** will contain the main ( ) method. You will use the following data for creating the objects of the class **Saving_Account** and **Bonus_Saver_Account** : ? **for Saving_Account object :**? account number = 4321 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? balance = 8921.39 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? interest rate = 0.02 ? **for Bonus_Saver_Account object:** account number = 6543 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? balance = 1225.00 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? interest_rate = 0.02 In addition to the creation of two objects with above data, you will call the following methods for each of the above objects: ? **Add_interest ( )** ??" pass BONUS_RATE parameter ? **deposit ( ) method** with parameter value 390.23 for Saving_Account object and parameter value 250.45 for Bonus_Saver _Account object. **? ** **Withdrawl ( ) method** with parameter value 432.34 for Saving_Account object and parameter value 875.95 for Bonus_Saver _Account object. ### ? C:\myjava>java? Accounts ? ? Interest added to account # : 4321 ? New balance:9099.817799999999 ====================================== ? ? Interest added to account # : 6543 ? New balance:1286.25 ====================================== ? ? Deposit into account: 4321 ? Amount:390.23 ? New balance: 9490.047799999998 ========================================= ? ? Deposit into account: 6543 ? Amount:250.45 ? New balance: 1536.7 ========================================= ? ? Withdrawl from account #: 4321 ? Amount:432.34 ? New balance: 9057.707799999998 ========================================= ? Penalty Incurred: 25.0 ? ? Withdrawl from account #: 6543 ? Amount:900.95 ? New balance: 635.75 ========================================= #### C:\myjava>