Question
(Please use JAVA) Space Inc. will give a quarterly and annual bonus to its employees only if the savings of the quarter and/or the year
(Please use JAVA)
Space Inc. will give a quarterly and annual bonus to its employees only if the savings of the quarter and/or the year are greater than or equal to quarterly minimum (monthly commitment x 3) and/or the annual minimum (monthly commitment x 12) amount, respectively. The quarterly bonus is 3% of eligible quarterly savings, and the annual bonus is 5% of annual savings if eligible. If the annual savings exceeds the committed amount by at least 25%, Space Inc. matches the additional savings (25% or above) as part of the annual bonus.
I.An employee has committed to save $2000 per month. Her quarterly savings are as follows: Q1 $5000, Q2 $7000, Q3 $4000, and Q4 $8000.
II.Another employee has committed to save $3000 per month. His quarterly savings are as follows: Q1 $6000, Q2 $9000, Q3 $10000, and Q4 $17000.
Write a program to compute the total bonus amount earned by these two employees in the year.
(Please use JAVA)
BonusOnSavings Attributes Operations + public double computeBonus(double commitment, double q1, double 42, double 43, double q4)Step by Step Solution
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