Show Bid Request College Program Assignment Bid Request Id: 370 Bookmark in my 'To Do' list Posted by: maryjayne (9 ratings) (Software buyer rating 10) Non-action Ratio: Very Good - 4.76% Buyer Security Verifications: Unverified Approved on: Jun 10, 2001 11:03:30 AM EDT Bidding Closes: Jun 15, 2001 11:03:30 AM EDT Viewed (by coders): 6018 times Phase: 100% of work completed and accepted. Coder has been paid. Max Accepted Bid: Bidding is closed Project Type: Unknown Bidding Type: Open Auction Categories: C++ / C Enter chat room for this bid request (0 active users at Jul 12, 2003 10:34:23 AM EDT) Description: This is an assignment for my college C++ class. Create a SavingsAccount class. Use a static data member to contain the annualInterestRate for each of the savers. Each member of the class contains a private data member savingsBalance incicating the amount the saver currently has on deposit. Provide a calculateMonthlyInterest member function 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 modifyInterestRate that sets the static annualInterestRate to a new value. Write a driver program to test class SavingsAccount. Instantiate two different savingsAccount objects, saver1 and saver2 with balances of $2000 AND $3000, respectively. Set AnnualInterestEate to 3%, then calculate the monthly interest and print the new balances for each of the savers. Then set the annualInterestRate to 4% and calculate the next month's interest and print the new balances for each of the savers. Deliverables: Your class functions should not calculate the same equations twice (once for each saver) but should instead be general (we can use them for any number of savers.) Rather your saverOne and saverTwo should be the objects of class SavingsAccount. The file for the main() program must have a header that contains the following information, Program title: Details:(Input, what type of input is required for this code segment to work .Input data types and variable names.) (Output, what output does this code produce. Output data types and variable names.) (Intermediate Variables, types and names) (Global Variables, types and names or none.) Design: A description of the algorithm or logic used in the design of the program. Steps used to create the program solution. Include any neccessary explanations to understand the program. Special Conditions / Other: Must be completed by 6/16/01 because it is due for class. Remember that contacting the other party outside of the site (by email, phone, etc.) on all business projects < $500 (before the buyer's money is escrowed) is a violation of both the software buyer and seller agreements. We monitor all site activity for such violations and can instantly expel transgressers on the spot, so we thank you in advance for your cooperation. If you notice a violation please help out the site and report it. Thanks for your help.   Bidding/Comments: All monetary amounts on the site are in United States dollars. Rent a Coder is a closed auction, so coders can only see their own bids and comments. Buyers can view every posting made on their bid requests. See all rejected bids (and all comments) Name   Bid Amount    Date   Coder Rating   Kunal Johar (17 ratings) in Syosset, New York United States Bid id: 3,199   $50 (USD) Jun 10, 2001 12:07:03 PM EDT  9.65 (Excellent)     I just finished an advanced C++ class with an A+ Average. I have done other C++ assignments and gotten 10 out of 10 on this website. (See my Rank) I am also on the top coder list. This project will take me no less than 24 hours from the time you email me. I hope you accept my bid. This bid was accepted by the buyer! Kunal Johar (17 ratings) in Syosset, New York United States Bid id: 3,272   $25 (USD) Jun 10, 2001 10:10:48 PM EDT  9.65 (Excellent)     Dropping my price to be more competitive