Business, 20.09.2019 20:00 TH3L0N3W0LF

Create class savingsaccount. use a static variable annualinterestrate to store the annual interest rate for all account holders. each object of the class contains a private instance variable savingsbalance indicating the amount the saver currently has on deposit. provide method calculatemonthlyinterest to calculate the monthly interest by multiplying the savingsbalance by annualinterestrate divided by 12—this interest should be added to savingsbalance. provide a static method modifyinterestrate that sets the annualinterestrate to a new value. write a program to test class savingsaccount. instantiate two savingsaccount objects, saver1 and saver2, with balances of $2000.00 and $3000.00, respectively. set annualinterestrate to 4%, then calculate the monthly interest for each of 12 months and print the new balances for both savers. next, set the annualinterestrate to 5%, calculate the next month’s interest and print the new balances for both savers.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 07:40

Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5

Answers: 1

Answer

Business, 22.06.2019 12:30

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?

Answers: 1

Answer

Business, 22.06.2019 19:10

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

Answers: 1

Answer

Business, 23.06.2019 02:30

Zendor company wants to have $200,000 available in august 2021 to make an equipment purchase. to be able to have this amount available, zendor will make equal annual deposits in an investment account earning 12% annually in june 2017, 2018, 2019, 2020, and 2021. what is the dollar amount that must be deposited each of those years to achieve this objective?

Answers: 3

Answer

You know the right answer?

Create class savingsaccount. use a static variable annualinterestrate to store the annual interest r...

Questions