Write a class Account in Python that stores information about a bank account. (a) Your class should have at least three methods to manipulate any instance of the Account class: `withdraw()`, `deposit()`, and `__init__()`. (b) Your Account class should provide three class variables: - `interest_rate` set to 0.05 (5%) - `overdraft_limit` set to 500 (dollars), and - `overdraft_charge` set to 50 (dollars). These are values common to all accounts at this bank (i.e. all instances of this class). (c) Additionally, the Account class should create two instance variables: - `account_number` of the customer and - `balance` which is set to 0 dollars (it’s a new, empty account) These are values unique to each Account instance. (d) Allow your user to “overdraft” on their account. An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. This allows a user to withdraw money on credit from the bank. The user should only be allowed to withdraw money up to some overdraft limit. If an account overdraws past the overdraft limit, there is fee charged. (e) Write a useful and properly written `__repr__` method. Any class method should check its actual parameters for sensible values (such as deposit and withdrawal amounts that make sense).
Write a class Account in Python that stores information about a bank account.
(a) Your class should have at least three methods to manipulate any instance of the Account class:
`withdraw()`, `deposit()`, and `__init__()`.
(b) Your Account class should provide three class variables:
- `interest_rate` set to 0.05 (5%)
- `overdraft_limit` set to 500 (dollars), and
- `overdraft_charge` set to 50 (dollars).
These are values common to all accounts at this bank (i.e. all instances of this class).
(c) Additionally, the Account class should create two instance variables:
- `account_number` of the customer and
- `balance` which is set to 0 dollars (it’s a new, empty account)
These are values unique to each Account instance.
(d) Allow your user to “overdraft” on their account. An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. This allows a user to withdraw money on credit from the bank. The user should only be allowed to withdraw money up to some overdraft limit. If an account overdraws past the overdraft limit, there is fee charged.
(e) Write a useful and properly written `__repr__` method.
Any class method should check its actual parameters for sensible values (such as deposit and withdrawal amounts that make sense).
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