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Creating a Bank Account Statement using Inheritance

Using core Java, we will create bank account program for different kind of customers

In this Java project, we will learn how to create a bank account statement using inheritance. This is a great project for beginners who want to learn how to use inheritance in their Java projects.

We will start by creating a superclass called Account. This superclass will have two subclasses: SavingsAccount and CheckingAccount. The SavingsAccount class will represent a savings account, and the CheckingAccount class will represent a checking account.

Each account will have a balance and an account number. The account number will be generated automatically when the account is created. The balance will be set to 0 when the account is created.

The SavingsAccount class will have an additional field called the interest rate. The interest rate field will be used to calculate the interest that is earned on the account.