A bank offers its customers two kinds of account – a regular account and a gold account. The two types of account provide some shared facilities but they also offer distinctive features. The common...

A bank offers its customers two kinds of account – a regular account and a gold account. The two types of account provide some shared facilities but they also offer distinctive features. The common facilities are:

open an account with a name and an initial balance;

maintain a record of the current balance;

deposit or withdraw an amount of money

Whenever a withdrawal is made, a regular account is checked to see if the account is overdrawn. A gold account holder can overdraw indefinitely. A regular account has interest calculated as 5% of the amount. A gold account has interest at 6%, less a fixed charge of $100 per year.

Write a class that describes the common features and individual classes to describe regular and gold accounts.

Construct a program to use these classes by creating two bank accounts – one a regular account and the other a gold account. Each is created with a person’s name and some initial amount of money. Place the objects representing each account in an array list. Display the name, balance and interest of the accounts in a text area when a button is clicked on. (Assume for simplicity that amounts of money are held as int.)