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Using JAVA to Design a class named Account that contains: A private int data fie

ID: 3563202 • Letter: U

Question

Using JAVA to Design 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.

Amethod named getMonthlyInterest() that returns the monthly interest.

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

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

Next, Design a new Account class as follows:

Add a new data field name of the String type to store the name of the customer.

Add a new constructor that constructs an account with the specified name, id, and balance.

Add a new data field named transactions whose type is ArrayList that stores that transaction for the accounts. Each transaction is an instance of the Transaction class. The Transaction class is defined as shown:

Modify the withdraw and deposit methods to add a transaction to the transactions array list.

Write a test program that creates an Account with annual interest rate 1.5%, balance 1000, id 1122, and name George. Deposit $30, $40, and $50 to the account and withdraw $5, $4, and $2 from the account. Print an account summary that show account holder name, interest rate, balance, and all transactions.

Explanation / Answer

public Account(int id, double balance, doubleannualInterestRate)

package account;

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