Question

Create an object call Accounts using python for a banking system.
Initialize the account with three data as inputs : Firstname, Lastname and initial deposit. Create 4 additional member functions: Deposit, Withdraw, Fee Calculations, interest
The fee calculation is going to be $14 per month if the total amount in the account is less than $1000. Interest is set to be at 5%.

Answer 1

class Accounts:
   interest = 0
   fee = 0
   def __init__(self, FirstName, LastName, initial_deposit):
       self.FirstName = FirstName
       self.LastName = LastName
       self.balance = initial_deposit
   def Deposit(self, balance):
       self.balance += balance
       print("successfully deposited amount current balance is {}".format(balance))
   def Withdraw(self, balance):
       if(self.balance < balance):
           print("insufficent amount")
       else:
           self.balance -= balance
           print("successfully withdrawn amount current balance is {}".format(balance))
   def FeeCalculation(self, time_in_years):
       if(self.balance < 1000):
           self.fee += 14 * 12 * time_in_years
           self.Interest()
       else:
           self.interest = 0
           print("There is no fee")
   def Interest(self):
       self.interest = 5
person1 = Accounts("firstname1", "lastname1",2000)
person2 = Accounts("firstname2", "lastname2",1000)
person3 = Accounts("firstname3", "lastname3", 500)
person4 = Accounts("firstname4", "lastname3", 5000)

print(person1.balance)
person3.FeeCalculation(1)
print(person3.fee)
print(person3.interest)
person3.Deposit(1000)
person3.FeeCalculation(1)
person4.Withdraw(3000)
print(person4.balance)
print(person2.interest)

If you have any doubts please comment and please don't dislike.