Implement an inheritance hierarchy based on the following

Reference no: EM13729610

Implement an inheritance hierarchy based on the following specifications for Account class, Checking Account class, and Savings Account class:

Account class

Methods:
processDeposit ( ) - accepts a single double parameter containing the deposit amount. Updates the balance by adding the deposit amount to the balance.
processWithdrawal ( ) - accepts a single double parameter containing the withdrawal amount. Updates the balance by subtracting the withdrawal amount for the balance. Note: For now do not worry about negative balances.
calcInterest ( ) - Coded as a double method with an empty body.
Attributes:
String Account Name
Integer Account ID
Double balance
Constructor
Prompt the user and accept input for the Account Name, Account ID and the initial balance.

The CheckingAcct class which is a derived class of the Account class.

Attributes:
Inherits all the attributes of the Account class.
The overDraftFee is double and is populated in the constructor of the CheckingAcct class.
Methods:
calcInterest () - If the account balance is greater than or equal to 3000.00 an interest rate of 1% or .01 is applied to increase the balance.
Constructor:
Prompt the user for the OverDraftFee.

The SavingsAcct class which is a derived class of the Account class.

Attributes:
Inherits all the attributes of the Account class.
There are no other attributes.
Methods:
calcInterest ( ) - If the account balance is greater than or equal to 5000.00 an interest rate of 4% or .04 is applied to increase the balance. If the balance is greater than or equal to 3000.00 an interest rate of 3% or .03 is applied to increase the balance. Otherwise use an interest rate of 2%. The new balance is returned to the calling program.
Constructor:
Inherited from the Account class. (no code needed)

Main:

Prompt the user for the bank name and routing number. Create at least two account objects (each of a different type). Process a deposit then withdraw then calculate the interest for each account. Generate the following report:

Bank Name: XXXXXXXX Routing Number: XXXXXX

Account Name: XXXXXX Account ID: XXXXXXXXX Balance: 9999.99

Account Name: XXXXXX Account ID: XXXXXXXXX Balance: 9999.99

Reference no: EM13729610

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