Create An App Called Myfinances Refer To Instructions In The

Create An App Called Myfinances Refer To Instructions In the Textbook

Create an app called MyFinances. Refer to instructions in the textbook - p. 86. Deliverables include the code for the final project (submitted as a Word document or screenshot), a screenshot showing the basic design of the MyFinances app, and at least one additional screenshot demonstrating transaction views with input and selection for each financial object. The app should allow storing three types of financial objects: CDs, Loans, and Checking accounts. An optional comment section may be included to provide guidance on evaluation. No cover page is required.

Paper For Above instruction

The development of a comprehensive financial management mobile application like MyFinances necessitates meticulous planning and understanding of core programming principles. Inspired by instructional guidelines from textbook page 86, this paper details the design process, functional requirements, implementation strategies, and evaluation considerations vital for creating an effective and user-friendly app that handles multiple financial objects, namely Certificates of Deposit (CDs), Loans, and Checking accounts.

Introduction

The proliferation of mobile technology has transformed how individuals manage their personal finances. An app such as MyFinances aims to empower users to track, manage, and perform transactions across various financial account types seamlessly. This overview highlights the essential features, user interface considerations, and technical implementations necessary to develop a robust application tailored for iOS and Android platforms.

Functional Requirements

The core functionalities of MyFinances encompass storing and managing three fundamental financial objects: CDs, Loans, and Checking accounts. Each object should have attributes similar to real-world counterparts; for example, CDs may include term length, interest rate, and maturity date; Loans may cover principal, interest rate, and repayment schedule; Checking accounts might feature deposit and withdrawal functionality, current balance, and account number.

In addition to storage, the app needs interfaces for performing transactions such as adding, viewing, and modifying the details of each account type. Importantly, the application must facilitate transaction inputs, allowing users to enter details like deposit amounts, loan payments, or withdrawals, and to select the appropriate account object for each operation.

User Interface Design

The basic design layout of MyFinances should incorporate a navigation menu or tab bar allowing users to access different sections—home dashboard, accounts overview, and transaction input forms. The dashboard displays a summarized view of all accounts, showing current balances and recent activities. Each account type should have dedicated screens for detailed viewing and transaction entry, promoting straightforward navigation and clarity.

Implementation Strategies

Developing the application involves choosing suitable development platforms, such as React Native, Flutter, or native development environments like Xcode for iOS and Android Studio for Android. The use of persistent data storage solutions like SQLite, Realm, or local JSON files is necessary to retain account data across sessions.

Code organization should follow modular principles, with separate components or classes handling data models for CDs, Loans, and Checking accounts, alongside UI components for display and interaction. Event handling mechanisms will capture user inputs for creating, updating, or deleting financial objects and transactions.

Evaluation and Testing

To ensure functionality, the app should be tested across various devices for interface responsiveness and correctness of financial operations. Screenshots should capture the main design view and transaction input processes for validation purposes. A comment section may be included to explain design choices, highlight potential limitations, or provide guidance for future enhancements.

Conclusion

The creation of MyFinances as outlined provides a practical exercise in mobile app development, combining UI design, data management, and user interaction. Adhering to textbook instructions, the application aims to serve as an educational example of managing multiple financial accounts through a simple, intuitive interface, enabling users to track and transact effectively. Future iterations could expand functionality to include budgeting tools, expense categorization, and integration with financial institutions for real-time updates.

References

Related Assignments