Question: Please use C++ to write this program ( Account Inheritance Hierarchy) Create an inheritance hierarchy that a bank might use to represent customers bank accounts.
Please use C++ to write this program
(Account Inheritance Hierarchy) Create an inheritance hierarchy that a bank might use to
represent customers bank accounts. All customers at this bank can deposit (i.e., credit) money into
their accounts and withdraw (i.e., debit) money from their accounts. More specific types of accounts
also exist. Savings accounts, for instance, earn interest on the money they hold. Checking accounts,
on the other hand, charge a fee per transaction (i.e., credit or debit).
Create an inheritance hierarchy containing base class Account and derived classes Savings-
Account and CheckingAccount that inherit from class Account. Base class Account should include
one data member of type double to represent the account balance. The class should provide a constructor
that receives an initial balance and uses it to initialize the data member. The constructor
should validate the initial balance to ensure that it is greater than or equal to 0.0. If not, the balance
should be set to 0.0 and the constructor should display an error message, indicating that the
initial balance was invalid. The class should provide three member functions. Member function
credit should add an amount to the current balance. Member function debit should withdraw
money from the Account and ensure that the debit amount does not exceed the Accounts balance.
If it does, the balance should be left unchanged and the function should print the message "Debit
amount exceeded account balance." Member function getBalance should return the current
balance.
Derived class SavingsAccount should inherit the functionality of an Account, but also include
a data member of type double indicating the interest rate (percentage) assigned to the Account.
SavingsAccounts constructor should receive the initial balance, as well as an initial value for the
SavingsAccounts interest rate. SavingsAccount should provide a public member function
calculateInterest that returns a double indicating the amount of interest earned by an account.
Member function calculateInterest should determine this amount by multiplying the interest
rate by the account balance. [Note: SavingsAccount should inherit member functions credit and
debit as is without redefining them.]
Derived class CheckingAccount should inherit from base class Account and include an additional
data member of type double that represents the fee charged per transaction. Checking-
Accounts constructor should receive the initial balance, as well as a parameter indicating a fee
amount. Class CheckingAccount should redefine member functions credit and debit so that they
subtract the fee from the account balance whenever either transaction is performed successfully.
CheckingAccounts versions of these functions should invoke the base-class Account version to perform
the updates to an account balance. CheckingAccounts debit function should charge a fee
only if money is actually withdrawn (i.e., the debit amount does not exceed the account balance).
[Hint: Define Accounts debit function so that it returns a bool indicating whether money was
withdrawn. Then use the return value to determine whether a fee should be charged.]
After defining the classes in this hierarchy, write a program that creates objects of each class
and tests their member functions. Add interest to the SavingsAccount object by first invoking its
calculateInterest function, then passing the returned interest amount to the objects credit
function.
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