Project Summary Create a class, called CreditCard, which simulates the functionality of a credit card such as Visa or Mastercard. You can do simple things like make purchases, take cash advances and make payments. Important information about your card: Annual Percentage Rate (APR) for previous month balance is 15.9% Cash advance APR is 25.9% effective on the day of advance and until the end of the month (assume all months have 30 days but the year has 365 days) Each balance transfer has a fee of $5 or 3% of the transfer, whichever is greater Required minimum payment is 1.5% of balance or $25, whichever is greater Due date is the 20th of the month Late payment fee is $37 – if at least a minimum payment is not made within grace period (20 days) Minimum Interest – if you are charged interest, the minimum amount will be $0.50 There is no annual fee ignore the lab text document. The second one is the correct guidelines.
Project Summary Create a class, called CreditCard, which simulates the functionality of a credit card such as Visa or Mastercard.
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