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Assume the existence of a BankAccount class. Define a derived class, SavingsAcco

ID: 3528142 • Letter: A

Question

Assume the existence of a BankAccount class. Define a derived class, SavingsAccount that contains two instance variables: the first a double, named interestRate, and the second an integer named interestType. The value of the type variable can be 1 for simple interest and 2 for compound interest. There is also a constructor that accepts two parameters: a double that is used to initialize the interestRate variable, and a string that you may assume will contain either "Simple", or "Compound", and which should be used to initialize the type variable appropriately. There should also be a pair of functions getInterestRate and getInterestType that return the values of the corresponding data members (as double and int respectively).

Explanation / Answer

The class and the corresponding derived class along with the member functions and the variables is as follows:

class SavingsAccount:public BankAccount

{

    

//The two instance variables of type double and int are declared.

     double interestRate;

     int interestType;

public:

//Declare the constructor and initialize the instance variables.

     SavingsAccount(double iRate, int iType)

     {

          //Initialise the variable interestRate.

          interestRate = iRate;

     //Initialize the interestType variable according to Simple

          //and Compound.

          if (strcmp((iType, "Simple") == 0))

              interestType = 1;

          else if (strcmp((iType, "Compound") == 1))

              interestType = 2;

     }

     //Functions and their return values.

     double getinterestRate ()

     {

         

       //The values of the corresponding data member is     

      //returned.

          return interestRate;

     }

     int getinterestType()

     {

    

       //The values of the corresponding data member is

       //returned.

          return interestType;

     }

};

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