bank_account.md

Bank Account 🏦

Description

Using object-oriented programming concepts, your task is to create a Python program that simulates a bank account.

Set Up:

🚨 Before starting the assignment, watch How to: Setup for a New Assignment.

This tutorial walks your through how to set up a new repository, make commits, and push code to Github.

Requirements

Submission Requirements:

1. Your submitted code should be in a new (public) repo on Github.
2. Your respository should have a minimum of 5 commits.
3. Your repositroy should include a README with the name of your project and a description.
4. Submit the link to your repo on Gradescope.
5. Create a demo video. The demo should include a walkthrough of your code and demonstration of how your project works.

Assignment Requirements:

This bank account should all a user to do the following:

1. Your Python program should be created in one file called BankAccount.py.

2. Define a BankAccount class.

3. A bank account should have the following attributes:

   • full_name - the full name of the bank account account owner.
   • account_number - randomly generated 8 digit number, unique per account.
   • routing_number - 9 digit number, this number is the same for all accounts.
   • balance - the balance of money in the account, should start at 0.

4. Then define the following methods for the BankAccount class:

   • The deposit method will take one parameter amount and will add amount to the balance. Also, it will print the message: “Amount Deposited: $X.XX”

   • The withdraw method will take one parameter amount and will subtract amount from the balance. Also, it will print a message, like “Amount Withdrawn: $X.XX”. If the user tries to withdraw an amount that is greater than the current balance, print ”Insufficient funds.” and charge them with an overdraft fee of $10.

   • The get_balance method will print a user-friendly message with the account balance and then also return the current balance of the account.

   • The add_interest method adds interest to the users balance. The annual interest rate is 1% (i.e. 0.083% per month). Thus, the monthly interest is calculated by the following equation: interest = balance * 0.00083 .

   • The print_receipt method prints a receipt with the account name, account number, and balance like this:

Joi Anderson
Account No.: ****5678
Routing No.: 98765432
Balance: $100.00

5. Outside of the BankAccount class, define 3 different bank account examples using the BankAccount() object.
   • Your examples should show you using the different methods above to demonstrate them working.

Stretch Requirements/Challenges (Optional)

Create a terminal ATM. Be sure to add a method to charge an ATM fee for withdrawing money.

Rubric

This project will be graded using the Bank Account Rubric