I need help with this Assignment because it seems too complicated!! Create a class named, SavingsAccount, in a header file named, SavingsAccount.h and a source file named SavingsAccount.cpp. The class should have a static variable named, annualInterestRate, to store the annual interest rate for all account holders. Each object of the class should contain a private attribute variable named, savingsBalance, indicating the amount the saver currently has on deposit. Write member functions to perform the following: • The appropriate constructors and destructors • calculateMonthlyInterest – calculates the monthly interest and adds it to the balance. • depositAmount – allows the customer to deposit money into the account (thereby increasing the balance. Do not accept negative amount. • withdrawAmount – allows the customer to withdraw money from the account (thereby decreasing the balance. Do not accept negative amount. • modifyInterestRate (static) – allows the bank to change the annual interest rate. Accept only floating-point values between 2 and 5. • displayAccount – prints the variable, savingsBalance Write a test class named, Program11.cpp, to test the SavingsAccount class. Instantiate two objects, saver1 and saver2, with balances of $2000.00 and $3000.00, respectively in the Program11.cpp file. Set the annual interest rate to 4%, then calculate the monthly interest for each of the 12 months, starting with January, and print the new balance, at the end of each month, for both savers. Deposit $1500.00 to saver1’s account and withdraw $550.00 from saver2’s account. Next change the annual interest rate to 5%, calculate the next month’s interest and print the new balance for both savers.
OOPs
In today's technology-driven world, computer programming skills are in high demand. The object-oriented programming (OOP) approach is very much useful while designing and maintaining software programs. Object-oriented programming (OOP) is a basic programming paradigm that almost every developer has used at some stage in their career.
Constructor
The easiest way to think of a constructor in object-oriented programming (OOP) languages is:
I need help with this Assignment because it seems too complicated!!
Create a class named, SavingsAccount, in a header file named, SavingsAccount.h and a
source file named SavingsAccount.cpp. The class should have a static variable named,
annualInterestRate, to store the annual interest rate for all account holders. Each object of
the class should contain a private attribute variable named, savingsBalance, indicating the
amount the saver currently has on deposit.
Write member functions to perform the following:
• The appropriate constructors and destructors
• calculateMonthlyInterest – calculates the monthly interest and adds it to the balance.
• depositAmount – allows the customer to deposit money into the account (thereby
increasing the balance. Do not accept negative amount.
• withdrawAmount – allows the customer to withdraw money from the account (thereby
decreasing the balance. Do not accept negative amount.
• modifyInterestRate (static) – allows the bank to change the annual interest rate.
Accept only floating-point values between 2 and 5.
• displayAccount – prints the variable, savingsBalance
Write a test class named, Program11.cpp, to test the SavingsAccount class. Instantiate
two objects, saver1 and saver2, with balances of $2000.00 and $3000.00, respectively in
the Program11.cpp file. Set the annual interest rate to 4%, then calculate the monthly
interest for each of the 12 months, starting with January, and print the new balance, at the
end of each month, for both savers.
Deposit $1500.00 to saver1’s account and withdraw $550.00 from saver2’s account. Next
change the annual interest rate to 5%, calculate the next month’s interest and print the
new balance for both savers.
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Could you Update your main function so it does not have input, processing, or output. thank you.
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