Answer to Question #10535 in C++ for AHMED
• Annual interest rate of 4% is offered.
• No overdraft.
• Minimum balance is a requirement (Assuming the value of minimum balance is Tsh 500).
• No interest gain.
• Overdraft is offered with an interest rate of 10%. (Overdraft is withdrawing of money more than the existing balance which is expected to be paid back to the bank with interest).
• No minimum balance is required.
Assuming that you have been given an opportunity to propose an object oriented program (using C++), suggest a program that will;
a) Allow user to specify number of saving account and current account customers assuming that the bank will have at most of 1000 and 500 customers respectively.
b) Allow user to record new accounts of all customers (specified in (a)) with specified initial deposits.
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