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.  Page 10 of  8 • A method named getMonthlyInterestRate() that returns the monthly interest rate.  • A method named withdraw that withdraws a specified amount from the account.  • A method named deposit that deposits a specified amount to the account.  • Draw the UML diagram for the class.  • Implement the class. Write a Java program that creates an Account object with an  account ID of 1122, a balance of $20,000, and an annual interest rate of 4.5%. Use the  withdraw method to withdraw $2,500, use the deposit method to deposit $3,000, and  print the balance, the monthly interest, and the date when this account was created.

EBK JAVA PROGRAMMING
9th Edition
ISBN:9781337671385
Author:FARRELL
Publisher:FARRELL
Chapter4: More Object Concepts
Section: Chapter Questions
Problem 11PE
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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. 
Page 10 of 
8
• A method named getMonthlyInterestRate() that returns the monthly interest rate. 
• A method named withdraw that withdraws a specified amount from the account. 
• A method named deposit that deposits a specified amount to the account. 
• Draw the UML diagram for the class. 
• Implement the class. Write a Java program that creates an Account object with an 
account ID of 1122, a balance of $20,000, and an annual interest rate of 4.5%. Use the 
withdraw method to withdraw $2,500, use the deposit method to deposit $3,000, and 
print the balance, the monthly interest, and the date when this account was created.

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