Question
Managing a line of credit: We want to complete the app that manages our line of credit at a bank. The line of credit allows
Managing a line of credit: We want to complete the app that manages our line of credit at a bank. The line of credit allows us to carry a certain maximum negative balance of p. Negative balance will be charged an interest at a specified fixed rate x. A positive balance can lead to an interest accumulation at a different fixed rate y. We have already implemented the password-based entry page. We have already implemented the page to get basic information about the line of credit such as the name of the bank and date of account opening, along with an ability to change the password. A menu page with four choices: We already have a menu page with four choices. We have already implemented the first two choices for data entry and storage i. We have already implemented the page to allow you to change the basic information about the line of credit. ii. We have already implemented the page to enter datacredit or debit. The history should show the balance after the debit/credit, which should include interest charges or accumulation. iii. We should now implement the page to graph the balance. iv. We should now implement the page to make recommendations based on the current balance. If the current balance is positive you should provide a green signal. If the current negative balance is less than 50% of the line of credit, you should provide a yellow alert. If the balance is greater than or equal to 50% but less than 80% of the line of credit, you should provide an amber alert. If the balance is greater than or equal to 80% of the line of credit, you should provide a red alert.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started