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## Description

The Checking superclass

First design, code and test a class called Checking.  This will be your superclass. Use exactly and only these instance variables:

private String accountID      -an identifying account number e.g. “123”

private int balance           -balance of the account in pennies, to avoid floating point round-off errors e.g. 100 means \$1.00

private int numDeposits       -number of deposits made this month private int numWithdrawals    -number of withdrawals made this month private double annualRate     -annual interest rate e.g. 0.15 means 15% per

annum

private int serviceCharge     -maintain the total monthly service charges incurred here, in pennies

Checking will have the following methods.  Be careful to implement the steps of each method in exactly the order given below:

constructor

-has parameters for the account ID, starting balance (in dollars) and annual interest rate

-must initialize all instance variables

-use the following to convert the dollar starting balance parameter bal to cents, avoiding round-off error:

balance = (int) Math.round(bal * 100.0);

appropriate get and set methods

-you have to decide during design what get and set methods are required

deposit()

-has a parameter for the deposit amount in dollars

-make the necessary conversion then add the amount to the balance

-increment the number of deposits

-add a deposit fee of 10 cents (in pennies) to the monthly service charge

note that the deposit fee is NOT deducted from balance at the time of the deposit transaction

-(use static final constants for all the fee amounts)

withdraw()

-has a parameter for the withdrawal amount in dollars

-make the necessary conversion then subtract the amount from the balance

-increment the number of withdrawals

-add a withdrawal fee (in pennies) to the monthly service charge:

-the first 2 withdrawals cost 25 cents each

-withdrawals after the first 2 cost 75 cents each

depositInterest()

-update the balance by calculating the monthly interest earned on the account, then add

this interest to the balance.  In pseudocode:

monthly interest rate = annual interest rate / 12.0 monthly interest = balance * monthly interest rate balance = balance + monthly interest

-(use Math.round() where necessary to prevent rounding errors)

printMonthEnd()

-run at the end of the month to first add interest, then deduct monthly service charges,

than summarize the account.  In pseudocode (implement these actions in exactly this order):

call the depositInterest() method

add a monthly fee of \$1.00 to the monthly service charge

decrease the balance by the total monthly service charge

output the account ID, resulting balance, number of deposits and withdrawals and the monthly service charge (use printf() to output monetary amounts in dollars, with 2 decimal places)

set the number of deposits and withdrawals and monthly service charge to zero

-an example of the printMonthEnd() output format:

Account ID 123

Balance is: \$751.88

1 deposits, 3 withdrawals

Monthly service charge was: \$2.35

toString()

-return a String that represents the Checking object, must be in standardized formatting e.g.

Checking[accountID=123, balance=74800, numDeposits=1, numWithdrawals=3, annualRate=0.1, serviceCharge=135]

The MoneyMarket subclass

Next design, code and test a MoneyMarket subclass that inherits from Checking.

MoneyMarket instance variable:

active          a boolean variable that maintains the status of the account.  Status is defined as active if the balance is greater than a minimum balance of

\$500.00, otherwise is not active.  Account status must be updated

every time the account balance is changed.  Withdrawals are not allowed if the account is not active, until deposits make the account active again

MoneyMarket will have the following methods   Be careful to implement the steps of each method in exactly the order given below:

constructor

-has parameters for account ID, the starting balance (in dollars) and annual interest rate

-use the superclass constructor to set these

-then set whether the account is active or not active

withdraw()

-output a message in the following format if the account is not active, and done:

MoneyMarket 456: Withdrawal not allowed

-otherwise call Checking withdraw() (use super to do this), then must update the status of the account

deposit()

-call Checking deposit() (use super to do this), then must update the status of the account

printMonthEnd()

-run at the end of the month to add interest, deduct monthly service charges and

summarize the account.  In pseudocode (implement these actions in exactly this order):

add a minimum balance fee of \$5.00 to the monthly service fee if the account is not active

call Checking monthEnd() (use super to do this)

update status of the account

output the status of the account e.g.

“Money market account is: active” or

“Money market account is: inactive”

-an example of the printMonthEnd() output format for the MoneyMarket class:

Account ID 456

Balance is: \$296.15

1 deposits, 1 withdrawals

Monthly service charge was: \$6.35

Money market account is: inactive

toString()

-return a String that represents the MoneyMarket object, must be in standardized formatting e.g.

MoneyMarket[accountID=456, balance=30000, numDeposits=1, numWithdrawals=1, annualRate=0.1, serviceCharge=35][active=false]

The Tester class

The Tester class tests your new Checking and MoneyMarket classes.  Source code for Tester is given below, and can be downloaded from Blackboard, Course Documents, Week 12, Example programs.

import java.util.ArrayList;

/**

* Driver for Lab 5 Inheritance

*

* @author Anthony W. Smith

* @version 5/31/2028

*/

public class Tester

{

public static void main(String arg[])

{

// create some accounts

// \$100.00, 10.0% annual interest

Checking check = new Checking(“123”, 100.0, 0.1);

// \$1000.00, 10.0% annual interest

MoneyMarket money = new MoneyMarket(“456”, 1000.0, 0.1);

ArrayList<Checking> accounts = new ArrayList<>();

// do some transactions

System.out.println(“Transactions”);

// on Checking object

check.deposit(750.0); check.withdraw(12.0); check.withdraw(34.0); check.withdraw(56.0);

// on MoneyMarket object money.withdraw(750.0); money.withdraw(100.0); money.deposit(50.0);

// print accounts System.out.println(“\nPrint accounts”); for (Checking c : accounts)

System.out.println(c.toString());

// print month end report System.out.println(“\nMonth end report”); for (Checking c : accounts) {

c.printMonthEnd(); System.out.println();

}

}

}

Hints

• first, take a calculator and work carefully through Tester line by line, writing down on a piece of paper the values of the instance variables that should be produced…

• this makes sure you understand what every method does, and gives you the expected output you need to test your program

• now design your new Checking and MoneyMarket classes on a piece of paper

• use inheritance – a MoneyMarket account is-a Checking account, with an account status added

• design algorithms, think about parameters and return values

• then use BlueJ as usual to code and test each method in turn.  Comment out in Tester

the methods you have not yet implemented

Required

• Tester in your final submission must not be changed in any way

• every method must have a clear, meaningful Javadoc comment

• each toString() is required to use standardized formatting

• automatically and routinely use all the other components of simplicity and clarity, as listed in Blackboard, Course Information, “How labs are graded”

• when you have thoroughly tested your program and are certain it is correct, save your output into the output.txt file

Lab 5 submission

• deadline for this lab is 3 weeks, by end of Sunday 5/1

–    you will lose points if you do not include a file named output.txt containing the output of your program

• your email Subject line must say ‘CSCI 114 Lab 5’ followed by your full name, so that it filters to the correct email folder for grading

–   you will lose points if you format your email Subject incorrectly

–   e.g. my email Subject would be:

CSCI 114 Lab 5 Anthony W. Smith

• this is a graded lab, so a reminder that you may not copy code from other people

• reminder that late labs will be penalized 2 points per week or part of week late