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  • Interest Calculator

    Uploaded by

    kirishnakanth
    4 views3 pages
    This Java program calculates interest for different types of bank accounts (savings, fixed deposit, recurring deposit) based on factors like amount, duration, age. It defines abstract class 'acc' with attributes like interest rate and amount. Subclasses like 'fdacc', 'sbacc', 'rdacc' extend 'acc' and override the abstract 'cal()' method to calculate interest specific to each account type based on input from the user. The main method uses a switch case to allow the user to select an account type and input relevant details to display the interest earned.

    Original Description:

    Original Title

    INTEREST CALCULATOR

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    © © All Rights Reserved

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    This Java program calculates interest for different types of bank accounts (savings, fixed deposit, recurring deposit) based on factors like amount, duration, age. It defines abstract class 'acc' with attributes like interest rate and amount. Subclasses like 'fdacc', 'sbacc', 'rdacc' extend 'acc' and override the abstract 'cal()' method to calculate interest specific to each account type based on input from the user. The main method uses a switch case to allow the user to select an account type and input relevant details to display the interest earned.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views3 pages

    Interest Calculator

    Uploaded by

    kirishnakanth
    This Java program calculates interest for different types of bank accounts (savings, fixed deposit, recurring deposit) based on factors like amount, duration, age. It defines abstract class 'acc' with attributes like interest rate and amount. Subclasses like 'fdacc', 'sbacc', 'rdacc' extend 'acc' and override the abstract 'cal()' method to calculate interest specific to each account type based on input from the user. The main method uses a switch case to allow the user to select an account type and input relevant details to display the interest earned.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    package Interest_package;

    import java.util.*;
    public class interest {

    public static void main(String[] args) {


    Scanner sc=new Scanner(System.in);
    abstract class acc
    {
    double irate;
    double amt;
    abstract double cal();
    }
    class fdacc extends acc
    {
    int ndays;
    int age;
    double cal()
    {
    if (Double.compare(amt,10000000d)<0)
    {
    if (age<60)
    {
    if(ndays>=7 && ndays<=14)
    irate=(4.5d/100)*amt;
    if(ndays>=15 && ndays<=29)
    irate=(4.75d/100)*amt;
    if(ndays>=30 && ndays<=45)
    irate=(5.5d/100)*amt;
    if(ndays>=45 && ndays<=60)
    irate=(7d/100)*amt;
    if(ndays>=61 && ndays<=184)
    irate=(7.5d/100)*amt;
    if(ndays>=185 && ndays<=365)
    irate=(8d/100)*amt;
    }
    else
    {
    if(ndays>=7 && ndays<=14)
    irate=(5d/100)*amt;
    if(ndays>=15 && ndays<=29)
    irate=(5.25d/100)*amt;
    if(ndays>=30 && ndays<=45)
    irate=(6d/100)*amt;
    if(ndays>=45 && ndays<=60)
    irate=(7.5d/100)*amt;
    if(ndays>=61 && ndays<=184)
    irate=(8d/100)*amt;
    if(ndays>=185 && ndays<=365)
    irate=(8.5d/100)*amt;
    }
    }
    else
    {
    if(ndays>=7 && ndays<=14)
    irate=(6.5d/100)*amt;
    if(ndays>=15 && ndays<=29)
    irate=(6.75d/100)*amt;
    if(ndays>=30 && ndays<=45)
    irate=(6.75d/100)*amt;
    if(ndays>=45 && ndays<=60)
    irate=(8d/100)*amt;
    if(ndays>=61 && ndays<=184)
    irate=(8.5d/100)*amt;
    if(ndays>=185 && ndays<=365)
    irate=(10.0d/100)*amt;
    }
    return(irate);
    }
    }
    class sbacc extends acc
    {
    String type=" ";
    double cal()
    {
    if(type.equalsIgnoreCase("normal"))
    irate=amt*(4d/100d);
    else
    irate=amt*(6d/100d);
    return(irate);
    }

    }
    class rdacc extends acc
    {
    int nm;
    int age;
    double cal()
    {
    if(age<60)
    {
    if(nm==6)
    irate=(7.5d/100)*amt;
    if(nm==9)
    irate=(7.75d/100)*amt;
    if(nm==12)
    irate=(8d/100)*amt;
    if(nm==15)
    irate=(8.25d/100)*amt;
    if(nm==18)
    irate=(8.5d/100)*amt;
    if(nm==21)
    irate=(8.75d/100)*amt;
    }
    else
    {
    if(nm==6)
    irate=(8d/100)*amt;
    if(nm==9)
    irate=(8.25d/100)*amt;
    if(nm==12)
    irate=(8.5d/100)*amt;
    if(nm==15)
    irate=(8.75d/100)*amt;
    if(nm==18)
    irate=(9d/100)*amt;
    if(nm==21)
    irate=(9.25d/100)*amt;
    }

    return(irate);
    }
    }
    int opt;
    System.out.println("option");
    opt=sc.nextInt();
    switch(opt)
    {
    case 1:
    sbacc sb=new sbacc();
    System.out.println("Amount");
    sb.amt=sc.nextDouble();
    System.out.println("normal/nri");
    sb.type=sc.next();
    System.out.println("Interest Gained : "+sb.cal());
    break;
    case 2:
    fdacc fd=new fdacc();
    System.out.println("Amount");
    fd.amt=sc.nextDouble();
    System.out.println("No of days");
    fd.ndays=sc.nextInt();
    System.out.println("age");
    fd.age=sc.nextInt();
    System.out.println("Interest Gained : "+fd.cal());
    break;
    case 3:
    rdacc rd=new rdacc();
    System.out.println("Amount");
    rd.amt=sc.nextDouble();
    System.out.println("No of months");
    rd.nm=sc.nextInt();
    System.out.println("age");
    rd.age=sc.nextInt();
    System.out.println("Interest Gained : "+rd.cal());
    break;
    }
    sc.close();
    }
    }

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