Notes

Tasks1
Create a simple program that models a bank account. A bank account can be seen as a class that has feil sucj as balance, interest rate, owner name, and methods such as deposit.

- Define a constructor that assigns value to the field of the class.

- Create an object called account1 that has a balance of 1000, an interest of 0.05, an owner name of "Alice."

- Deposit 100$ into account1.


Task2
- In the bank account program, create an object called account2 that has

- Owner name "Bob"
- Balance is given via keyboard input
- Interest rate given via keyboard input (i.e. user enters 50, meaning interest rate is 50%,
so you have to add a conversion for proper calculation

- Define methods for withdraw, transfer, and display information
- Withdraw 200$ from account2.

- transfer 300$ from account1 to account2
- Display both accounts information after previous changes.

public class BankAccount {

// Declare the fields of the class
private double balance;
private double interestRate;
private String ownerName;

// Define the constructor of the class that takes three parameters
public BankAccount(double balance, double interestRate, String ownerName) {
// Assign the values of the parameters to the attributes

this.interestRate = interestRate;
this.ownerName = ownerName;
this.balance = balance;

}

// Define a method to deposit money into the account
public void deposit(double amount) {

this.balance +=amount;

}

// Define a method to withdraw money from the account
public void withdraw(double amount) {
this.balance += amount;
if (amount <= balance) {

// Subtract the amount from the balance//
// TODO: Add your code here
this.balance -= amount;
// Print a message to confirm the withdrawal

} else {
// Print a message to indicate insufficient funds

}
}

// Define a method to transfer money from one account to another
public void transfer(BankAccount other, double amount) {
// Check if the amount is less than or equal to the balance
if (amount <= balance) {
// Subtract the amount from the balance of this account
TODO: Add your code here
// Add the amount to the balance of the other account

// Print a message to confirm the transfer
System.out.println("You have transferred " + amount + " from your account to " + other.ownerName
+ "'s account.");
} else {
// Print a message to indicate insufficient funds
System.out.println("You do not have enough money in your account.");
}
}

// Define a method to display the information of the account
public void display() {
// Print the owner name, balance, and interest rate of the account
System.out.println("Owner name: " + ownerName);
System.out.println("Balance: " + balance);
System.out.println("Interest rate: " + interestRate);
}



public static void main(String[] args) {
// Create an object called account1 with initial values
TODO: Add your code here

// Create another object called account2 with different values


// Display the information of both accounts


// Deposit 100 into account1


// Withdraw 200 from account2


// Transfer 300 from account1 to account2


// Display the information of both accounts again

}
}