Calculate and displays the bank interest for n bank account

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Reference no: EM132138017

Write a java console application that calculates and displays the bank interest for N bank accounts.

N should be declared as a constant and it should be equal to the largest digit of your student ID number (e.g. if your ID number is S334261 then N should be equal to 6 and you can declare it as final int N=6). The interest is based on total amount in account as shown below in Table 1.

Table 1. Amount and Interest
Amount Interest
$0 - $1000 0% (no interest)
$1001 - $5000 2.5%
$5001- $10000 5%
Over $10000 8% (high interest)

The application should ask the user to enter the amount for each account (total N accounts) and calculate the interest. The application should display the interest for each bank account as shown in the example below. At the end of the Nth account's interest, the details such as total interest, lowest interest, highest int.

Reference no: EM132138017

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