Project 2
- Create a console application for the banking management system.
- Create few classes namely Customer, Account, RBI (Base Class) and few derived classes (SBI, ICICI, PNB etc). Assume and implement required member variables and functions in each class.
- In every Bank there should be at least 2 types of account saving and current.
- Saving should give simple interest and Current should provide compound interest on deposited amount.
- In the current account the interest is compounded twice a year (on half yearly its compounded).
- For Every type of account at least 2 users will be there.
- On the running of the application it should ask which bank we want to access.
- Then what type of account you have.
- And then for which user account we want to access.
- Minimum amount for saving account is 2000/- and for current account is 5000/-
- And we can calculate the interest for any given time and total amount as well.
- Interest rates for saving will be 5% annually and for current it will be 8% annually.
- Before calculating interest it should ask the user for how many years you want to calculate it.
- Write code to calculate both types of interests as well for any of the users.
For total amount on Simple Interest:
A = P(1 + rt)
Where:
A = final Amount
P = initial Principal balance
r = annual interest rate
t = time (in years)
So, Total Interest = (A - P)
For total amount on Compound Interest:
𝐴 = 𝑃(1 + 𝑟
𝑛
)
𝑛𝑡
A = final Amount
P = initial Principal balance
r = annual interest rate
t = time (in years)
n = number of times interest is compounded per year
|
Sample Input |
Sample Output |
|
Want to open an account? |
yes/No |
|
If yes, Insert name, type of account and date of birth, in which bank you want |
Account has been opened and account no is: 123 |
|
Want to print mini statement |
If yes, save it in .txt file somewhere |
|
Calculate interest |
If yes, calculate and print |
Hint:
Class Customer
{
//Personal Details ...
// Few functions ...
}
Class Account
{
// Account Detail ...
// Few functions ...
}
Class RBI
{
Customer c; //hasA relationship
Account a; //hasA relationship
..
Public double GetInterestRate() { }
Public double GetWithdrawalLimit() { }
}
Class SBI: public RBI
{
//Use RBI functionality or define own functionality.
}
Class ICICI: public RBI
{
//Use RBI functionality or define own functionality.
}