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java Project

Issues

Bug: Checking account fund transfer only updates the destination account

The source account's balance is not updated following a transfer.

Feature: Savings account

Implement a savings account (in addition to the existing checking account).

Savings accounts have the same features as checking accounts, and additionally provide a method to apply interest over some number of years. Each savings account should allow for a unique interest rate, compounded once annually.

A formula for calculating annual compound interest is as follows:

where

S = value after t periods

P = principal amount (initial investment)

j = annual nominal interest rate (not reflecting the compounding)

n = number of times the interest is compounded per year

t = number of years the money is borrowed for

As an example, suppose an amount of $1500.00 is deposited in a bank paying an annual interest rate of 4.3%, compounded annually.

Then the balance after 6 years is found by using the formula above, with P = 1500, j = 0.043 (4.3%), n = 1, and t = 6:

S = 1500 (1 + 0.043) 6 = 1931.07

So, the balance after 6 years is approximately 1938.84. The amount of interest received can be calculated by subtracting the principal from this amount.

BONUS: Savings accounts cannot be withdrawn from directly -- they should only support deposits and transfers.

Kĩ năng: Java, JavaFX, JavaScript, PHP, Kiến trúc phần mềm

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Về Bên Thuê:
( 1 Nhận xét ) Fresno, United States

ID dự án: #16831902

Được trao cho:

rexzetsolutions

I just need 1 to 2 hours to resolve these bugs and apply the formula that you mentioned in the project..................

$35 USD trong 1 ngày
(283 Đánh Giá)
7.2

5 freelancer chào giá trung bình$31 cho công việc này

neerajagrawal201

We are very pleased to offer you this proposal regarding our services for Website development, in order to have your review and approval. The solution which is detailed in the proposal below is created with your needs Thêm

$30 USD trong 1 ngày
(52 Nhận xét)
5.3
kleponboy14

Hi I am interested working on your project for your Java Project, please send me if you have any details looking forward to work together with you Regards, Gusti

$25 USD trong 3 ngày
(15 Nhận xét)
4.6
saikatpb

Hi, I am interested to deliver. please give me this work. I will give me within 1 day......... Thanks, SPB

$35 USD trong 1 ngày
(0 Nhận xét)
0.0
olivery321

It sounds like the transfer function doesn't work properly. Need to check if the request has been received or not. And then the saving account can inherit from checking account, with a new function of generating intere Thêm

$30 USD trong 2 ngày
(0 Nhận xét)
0.0