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(Savings-Account Class) This should be done in VS 2015 community edition using C#. Create class Savings Account. Use a static read-write property Annual Interest Rate to store the annual interest rate for all account holders. Each object of the class contains a property Savings Balance, indicating the amount the saver currently has on deposit. Provide method Calculate Monthly Interest to calculate the monthly interest by multiplying the Savings Balance by Annual Interest Rate divided by 12- this interest should be added to savings Balance. Write an app to test class Savings Account. Create 2 savings Account objects, server1 and server2, with balances $2000.00 and $3000.00, respectively. Set Annual Interest Rate to 4%, then calculate the monthly interest and display the new balances for both servers. Then set the Annual Interest Rate to 5%, calculate the next month’s interest and display the new balance for both servers.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92258580

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