Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Java Expert


Home >> Java

problem 1) prepare a program which accepts account balance and name of account holder as input and it find outs the interest (balance*rate), total amount (balance + interest) and minimum payment for revolving credit line. The rate schedules are as follows:

a) For first $1000 balance the rate is 1.5%

b) For next $3000 balance, the rate is 2%, and

c) 3% on rest of the balance.

The minimum payment is as follows:

d) The total amount due if it is $10 or less;

e) Otherwise, it is $10 or 10% of the total amount (whichever is larger).

Your program must include loop, functions, and arrays which lets the user repeat this calculation until user is done.

1) prepare the function Read_data() to read the data from keyboard

2) prepare the function Get_total() to compute interest and find total amount due.

3) prepare the function Payment(), which would return minimum payment due.

4) prepare the function Display() which would create an output file and display name, account balance, total amount, and payment as shown below:

Name Balance Total Amount Payment
John Doe 5600.00 5723.00 572.3

Hints: The interest ($123.00) is computed the following way:

a) For first $1000.00, the interest is $15.00 (rate is 1.5%)

b) Next $3000.00, the interest is $60.00 (rate is 2%)

c) For the rest of the amount ($1600), the interest is $48.00 (rate is 3%)

5) prepare a function SortName() to sort the total in ascending order and display the arrays

6) prepare a function SearchName() to search the array by total and display the outcome.

7) Run your program for the following data:

John Doe 6500
Mary Doe 230
Juan Lopez 50
Larry Smith 7
Nancy Garza 30

Java, Programming

  • Category:- Java
  • Reference No.:- M94573

Have any Question? 


Related Questions in Java

1how does java support the concept of encapsulation2

1. How does Java support the concept of encapsulation? 2. Describe the difference between an object and a class. 3. What is the difference between the contents of a Java variable of a primitive type and a Java variable o ...

Java programmingwrite a java application using netbeans

JAVA PROGRAMMING Write a Java application using NetBeans Integrated Development Environment (IDE) that calculates the total annual compensation of a salesperson. Consider the following factors: • A salesperson will earn ...

Assignment multi-threaded programming in java using

Assignment: Multi-threaded Programming in Java Using Locks Objectives: To practice programming cooperating, synchronized multiple threads of execution. Description: In this programming assignment you will simulate the de ...

Create a script that presents a word-guessing game allow

Create a script that presents a word-guessing game. Allow users to guess the word one letter at a time by entering a character in a form. Start by assigning a secret word to a variable. After each guess, print the word u ...

Java application - distancecalculatorcreate a java

Java Application - DistanceCalculator Create a Java application named DistanceCalculator.java to solve the following problem. An application is needed to allow a user to enter two cities and display the distances between ...

Assignmentmust be done on bluejin this exercise you will

Assignment MUST BE DONE ON BLUEJ In this exercise you will create a simple VotingMachine. In the United States, when a candidate runs for office, the person is often identified as a Democrat, Republican, or Independent. ...

Assignmentdevelop a cinema ticket booking application in

Assignment Develop a Cinema Ticket Booking Application in Java with the following functionality, available from the console: Requests the Customer's name, age and asks if they are a student Lists films that are currently ...

Program- java applet to practice multiplication with user

Program- Java Applet to Practice Multiplication with User Interaction 1) Develop a Java applet that will help an elementary school student learn multiplication. Use the Math.random method or a Random object to produce tw ...

Assignmentthis assignment will give you a chance to

Assignment This assignment will give you a chance to exercise your knowledge of extending jQuery and of multimedia players like the JWPlayer. We're building on the "divide-text-into-spans" example we started in Homework ...

Assignment introduction to programming using java1 write a

Assignment: Introduction to Programming Using Java 1. Write a program that uses one of the Map classes to implement a contact list. Contact information should include first name, last name, a phone number and an email ad ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro