Create a SavingsAccount class to store data of savers (account holders). Your class should match the...

Create a SavingsAccount class to store data of savers (account holders). Your class should match the following specifications.
1. Each instance of the class contains a private data member savingsBalance indicating the amount the saver currently has on deposit, saver’s name, saver’s CNIC, account number (this has to be unique) and a member to store saver status (if savingsBalance > 10000 then status changes to gold otherwise silver).
2. Class also has a data member annualInterestRate to store the annual interest rate which will be the same for all the savers.
3. Implement a default constructor with minimum savingsBalance of 100, and other fields as well. Also create a parameterized constructor if a customer wants to open an account with a different starting balance.
4. Provide member function calculateMonthlyInterest that calculates the monthly interest by multiplying the savingsBalance by annualInterestRate divided by 12; this interest should be added to savingsBalance.
5. Provide a recursive member function turnInToGold that returns the number of months a saver need to become gold member
6. Provide a member function modifyInterestRate that sets the annualInterestRate to a new value.
7. Provide a function that returns the total number of account holders with the bank.
8. Write main() to test class SavingsAccount . Instantiate two different objects of class SavingsAccount, s1 and s2, with balances of $2000.00 and $3000.00, respectively. Set the annualInterestRate to 3 percent. Then calculate the monthly interest and print the new balances for each of the savers. Then set the annualInterestRate to 4 percent, calculate the next Month’s interest and print the new balances for each of the savers. Also print the months it will take for both to become gold savers of bank.

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venereology answered 3 months ago

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