Reference no: EM131299465

Assignment

For this Programming activity, you will create the SavingAccount class, which inherits directly from the BankAccount class.

Bank Account Class

/** BankAccount class, version 1
* Anderson, Franceschi
* Represents a generic bank account
*/
import java.text.DecimalFormat;

public class BankAccount
{
public final DecimalFormat MONEY
= new DecimalFormat( "$#,##0.00" );
private double balance;

After you write your program answer the following questions.

Explain why the Teller application can call the withdraw and deposit methods using a SavingsAccount object reference, even though we did not define these methods.

Explain why your applyInterest method in the SavingAccount class needs to call the deposit method of the BankAccount class.