Experiment 1.3: Create An Application To Calculate Interest For FDS, Rds Based On Certain Conditions Using Inheritance
Experiment 1.3: Create An Application To Calculate Interest For FDS, Rds Based On Certain Conditions Using Inheritance
Experiment 1.3: Create An Application To Calculate Interest For FDS, Rds Based On Certain Conditions Using Inheritance
3
Create an application to calculate interest for FDs, RDs based on certain conditions
using inheritance.
2. Task to be done:An application to calculate interest for FDs, RDs based on certain
conditions using inheritance.
1. Start
2. First, we create account.java file for the exception.
3. Second, we have to create fdaccount.java file for the calculating the fixed deposits.
4. Third, we have to create InterestCalculator.java for the calculating the interest of
amount.
5. Forth, we have to create SBaccount.java for the calculating the saving bank account
amount.
6. Fifth, we have to create RDaccount.java for the calculating the Recurring deposit
amount.
7. End
4. Steps for experiment/practical:
Account.java
package interestcalculator;
public abstract class Account {
double interestRate;
double amount;
abstract double calculateInterest(double amount)throws
InvalidMonthsException,InvalidAgeException,InvalidAmountException ,InvalidDaysException;
}
FDaccount.java
package interestcalculator;
import java.util.Scanner;
public class FDaccount extends Account {
double FDinterestRate;
double FDAmount;
int noOfDays;
int ageOfACHolder;
double General, SCitizen;
Scanner FDScanner = new Scanner(System.in);
@Override
double calculateInterest(double amount) throws InvalidAgeException,InvalidAmountException
,InvalidDaysException {
this.FDAmount = amount;
System.out.println("Enter FD days");
noOfDays = FDScanner.nextInt();
System.out.println("Enter FD age holder ");
ageOfACHolder = FDScanner.nextInt();
if (amount < 0) {
throw new InvalidAmountException();
}
if(noOfDays<0){
throw new InvalidDaysException();
}
if(ageOfACHolder<0){
throw new InvalidAgeException();
}
if (amount < 10000000) {
if (noOfDays >= 7 && noOfDays <= 14) {
General = 0.0450;
SCitizen = 0.0500;
} else if (noOfDays >= 15 && noOfDays <= 29) {
General = 0.0470;
SCitizen = 0.0525;
} else if (noOfDays >= 30 && noOfDays <= 45) {
General = 0.0550;
SCitizen = 0.0600;
} else if (noOfDays >= 45 && noOfDays <= 60) {
General = 0.0700;
SCitizen = 0.0750;
} else if (noOfDays >= 61 && noOfDays <= 184) {
General = 0.0750;
SCitizen = 0.0800;
} else if (noOfDays >= 185 && noOfDays <= 365) {
General = 0.0800;
SCitizen = 0.0850;
}
FDinterestRate = (ageOfACHolder < 50) ? General : SCitizen;
} else {
if (noOfDays >= 7 && noOfDays <= 14) {
interestRate = 0.065;
} else if (noOfDays >= 15 && noOfDays <= 29) {
interestRate = 0.0675;
} else if (noOfDays >= 30 && noOfDays <= 45) {
interestRate = 0.00675;
} else if (noOfDays >= 45 && noOfDays <= 60) {
interestRate = 0.080;
} else if (noOfDays >= 61 && noOfDays <= 184) {
interestRate = 0.0850;
} else if (noOfDays >= 185 && noOfDays <= 365) {
interestRate = 0.10;
}
}
return FDAmount * FDinterestRate;
}
}
InterestCalculator.java
package interestcalculator;
import java.util.Scanner;
public class InterestCalculator {
} catch (InvalidAmountException e) {
System.out.println("Exception : Invalid amount");
}
break;
case 2:
try {
FDaccount fd = new FDaccount();
System.out.println("Enter the FD Amount");
double fAmount = sc.nextDouble();
System.out.println("Interest gained is: Rs. " +
fd.calculateInterest(fAmount));
} catch (InvalidAgeException e) {
System.out.println("Invalid Age Entered");
} catch (InvalidAmountException e) {
System.out.println("Invalid Amount Entered");
} catch (InvalidDaysException e) {
System.out.println("Invalid Days Entered");
}
break;
case 3:
try {
RDaccount rd = new RDaccount();
System.out.println("Enter the RD amount");
double Ramount = sc.nextDouble();
System.out.println("Interest gained is: Rs. " +
rd.calculateInterest(Ramount));
} catch (InvalidAgeException e) {
System.out.println("Invalid Age Entered");
} catch (InvalidAmountException e) {
System.out.println("Invalid Amount Entered");
} catch (InvalidMonthsException e) {
System.out.println("Invalid Days Entered");
}
break;
case 4:
System.out.println("DO YOU WANT TO CALCULATE AGAIN ????" + " "
+ "RUN AGAIN THE PROGRAM");
default:
System.out.println("Wrong choice");
}
}
}
InvalidAmountException.java
package interestcalculator;
InvalidDaysException.java
package interestcalculator;
InvalidMonthsException.java
package interestcalculator;
/**
*
*/
private static final long serialVersionUID = 1L;
SBaccount.java
package interestcalculator;
import java.util.Scanner;
@Override
double calculateInterest(double amount) throws InvalidAmountException{
this.SBamount = amount;
if(SBamount < 0 ){
throw new InvalidAmountException();
}
System.out.println("Select account type \n1. NRI \n2. Normal ");
int accountChoice = SBScanner.nextInt();
switch (accountChoice) {
case 1:
SbInterestRate = .06;
break;
case 2:
SbInterestRate = .04;
break;
default:
System.out.println("Please choose right account again");
}
return amount * SbInterestRate;
}
}
RDaccount.java
package interestcalculator;
import java.util.Scanner;
public class RDaccount extends Account {
double RDInterestRate;
double RDamount;
int noOfMonths;
double monthlyAmount;
double General, SCitizen;
Scanner RDScanner = new Scanner(System.in);
@Override
double calculateInterest(double Ramount) throws InvalidMonthsException,InvalidAmountException
,InvalidAgeException {
this.RDamount = Ramount;
System.out.println("Enter RD months");
noOfMonths = RDScanner.nextInt();
System.out.println("Enter RD holder age");
int age = RDScanner.nextInt();
if (RDamount < 0) {
throw new InvalidAmountException();
}
if(noOfMonths<0){
throw new InvalidMonthsException();
}
if(age<0){
throw new InvalidAgeException();
}
if (noOfMonths >= 0 && noOfMonths <= 6) {
General = .0750;
SCitizen = 0.080;
} else if (noOfMonths >= 7 && noOfMonths <= 9) {
General = .0775;
SCitizen = 0.0825;
} else if (noOfMonths >= 10 && noOfMonths <= 12) {
General = .0800;
SCitizen = 0.0850;
} else if (noOfMonths >= 13 && noOfMonths <= 15) {
General = .0825;
SCitizen = 0.0875;
} else if (noOfMonths >= 16 && noOfMonths <= 18) {
General = .0850;
SCitizen = 0.0900;
} else if (noOfMonths >= 22) {
General = .0875;
SCitizen = 0.0925;
}
RDInterestRate = (age < 50) ? General : SCitizen;
return RDamount * RDInterestRate;
}
}
InvalidAgeException.java
package interestcalculator;
public class InvalidAgeException extends Exception{
/**
*
*/
private static final long serialVersionUID = 1L;
}
5. Result/Output/Writing Summary:
Learning outcomes (What I have learnt):
Evaluation Grid (To be created as per the SOP and Assessment guidelines by the faculty):