write a c++ program to Create a SavingsAccount class. Use a static data member annualInterestRate to store the annual interest rate for each of the savers. Each member of the class contains a private...


write a c++ program to Create a SavingsAccount class. Use a static data member annualInterestRate to store the annual interest rate for each of the savers. Each member of the class contains a private data member savingsBalance indicating the amount the saver currently has on deposit. Provide member function calculateMonthlylnterest that calculates the monthly interest by multiplying the balance by annualInterestRate divided by 12; this interest should be added to savingsBalance. Provide a static member function modifylnterestRate that sets the static annualInterestRate to a new value. Write a driver program to test class SavingsAccount. Instantiate two different objects of class SavingsAccount, saverl and saver2, 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.



Jun 02, 2022
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