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Problem Description: (The Account class) Design a class named Account that contains: A private int data field named id for the account (default 0). A

Problem Description: (The Account class) Design a class named Account that contains:

A private int data field named id for the account (default 0).

A private double data field named balance for the account (default 0).

A private static double data field named annualInterestRate that stores the current interest rate (default 0). Assume all accounts have the same interest rate.

A private Date data field named dateCreated that stores the date when the account was created.

A no-arg constructor that creates a default account.

A constructor that creates an account with the specified id and initial balance.

The accessor and mutator methods for id, balance, and annualInterestRate.

The accessor method for dateCreated.

A method named getMonthlyInterest() that returns the monthly interest rate.

A method named withdraw that withdraws a specified amount from the account.

A method named deposit that deposits a specified amount to the account. Write a test program that creates an Account object with an account ID of 3040, a balance of $30,000, and an annual interest rate of 3.5%. Use the withdraw method to withdraw $3,500, use the deposit method to deposit $2,000, and print the balance ID, the balance, the monthly interest, and the date when this account was created. Sample Run

The Balance ID is 3040

Balance is 28500.0

Monthly interest is 83.125

This account was created at Sun Oct 15 13:38:28 EDT 2017 Coding: (Copy and Paste Source Code here)

public class Ass9AccountClass {

public static void main (String[] args) {

Account account = new Account(3040, 30000);

Account.setAnnualInterestRate(3.5);

account.withdraw(3500);

account.deposit(2000);

System.out.println("The Balance ID is " + account.getId());

System.out.println("Balance is " + account.getBalance());

System.out.println("Monthly interest is " +

account.getMonthlyInterest());

System.out.println("This account was created at " +

account.getDateCreated()); } } 2 Class Account { // Implement the class here }

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