1. Create a Java program that demonstrates the application of the fundamental concepts of object-oriented programming (O

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1 Create A Java Program That Demonstrates The Application Of The Fundamental Concepts Of Object Oriented Programming O 1 (143.65 KiB) Viewed 48 times

1. Create a Java program that demonstrates the application of the fundamental concepts of object-oriented programming (OOP), and advanced programming concepts. A small financial institution (FI) has decided to convert their Debit and Credit cards account system to a fully Object Oriented (OO) System using Java environment. Currently, the FI's system keeps the account details separated by types; Credit and Debit. Both accounts have attributes Card No and Card Balance. Credit Card has credit limit and Debit Card has variable monthly interest income rate. Example data for credit card accounts Initial balance = $0 Initial balance = $0 Credit Card 1 AC No = C1111 Credit Card 2 AC No = C2222 Debit Card 1 Debit Card 2 Example data for debit card accounts Initial balance = $5,000.00 Interest Rate = 0.3% Initial balance = $10,000.00 Interest Rate = 0.5% AC No = D3333 AC No = D4444 Credit Limit = $10,000 Credit Limit = $5,000 To test the validity of the OOP structures, few transactions such as purchase, deposit, withdraw, and monthly interest earned should be conducted in the overall solution. Output Examples Account setup output (without your own attributes & subclass) screen example ***** CREDIT CARD ACCOUNT ***** Account No Balance Credit Limit ***** CREDIT CARD ACCOUNT ***** Account No : C2222 Balance : $0 Credit Limit : $5000 ***** DEBIT CARD ACCOUNT ***** Account No : D3333 Balance : $5000 Interest Rate : 0.003 : C1111 : $0 : $10000 ***** DEBIT CARD ACCOUNT ***** Account No : D4444 Balance : $10000 Interest Rate : 0.005