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Write a Java programLab42.java:implement a superclass Account withthe protected data member double amount. Constructor takes no
arguments and intializes amount to 0.00. Write the followingmember methods:
* void deposit(float m) whichadds mto amount
* void withdraw(float m) whichsubtracts mfromamount ifthere are sufficient funds.
Declare two abstractmethods:
* abstract public void show()
* abstract public double dailyInterest()
Create two subclasses:Savingand Checking. Provide a method dailyInterest that computes and adds the dailyinterest. Checkingaccounts yield
interest of3%onbalances over $1000. Savings accounts yield interest of6%onthe entire balance. Method showprints the current balance. Your
driver class Lab42 should create anarrayAccount A[] = newAccount[2]. Assignobject oftype Savingto A[0] and object oftype Checkingto
A[1]. Test allmember methods.

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Write a Java program Lab42.java: implement a superclass Account with the protected data member doubl

  • 1. Write a Java programLab42.java:implement a superclass Account withthe protected data member double amount. Constructor takes no arguments and intializes amount to 0.00. Write the followingmember methods: * void deposit(float m) whichadds mto amount * void withdraw(float m) whichsubtracts mfromamount ifthere are sufficient funds. Declare two abstractmethods: * abstract public void show() * abstract public double dailyInterest() Create two subclasses:Savingand Checking. Provide a method dailyInterest that computes and adds the dailyinterest. Checkingaccounts yield interest of3%onbalances over $1000. Savings accounts yield interest of6%onthe entire balance. Method showprints the current balance. Your driver class Lab42 should create anarrayAccount A[] = newAccount[2]. Assignobject oftype Savingto A[0] and object oftype Checkingto A[1]. Test allmember methods.