Question: The program need to be in java not c or c++. Help please. Consider bank accounts in a banking system. Each bank account has numerous
Consider bank accounts in a banking system. Each bank account has numerous ransactions: deposits, withdrawals, interest calculations, balance check, etc. These ransactions are performed repeatedly. The amount of deposit will be added to an account halance, the amount of withdrawal will be subtracted from the balance, and an interest amount will be added to the balance. Assume that the interest rate is 5% annually, and ar nteres alaulation is performed once a month with the 1/12th the annual interest. It means that interest is calculated every month and added to the balance. Format the numbers (Ref ). A sample run at the comm,- Consider bank accounts in a banking system. Each bank account has numerous ransactions: deposits, withdrawals, interest calculations, balance check, etc. These ransactions are performed repeatedly. The amount of deposit will be added to an account halance, the amount of withdrawal will be subtracted from the balance, and an interest amount will be added to the balance. Assume that the interest rate is 5% annually, and ar nteres alaulation is performed once a month with the 1/12th the annual interest. It means that interest is calculated every month and added to the balance. Format the numbers (Ref ). A sample run at the comm
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