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Bond premium amortization schedule excel

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Then calculate the monthly interest and print the new balances for each of the savers. Set the annual Interest Rate to 3 percent. Two different objects of class Savings Account, saver1 and saver2, with balances of $2000.00 and$3000.00, respectively. Write a driver program to test class Savings Account. Provide a static member function modify Interest Rate that sets the static annual Interest Rate to a new value. Provide member function calculate Monthly Interest that calculates the monthly interestīy multiplying the balance by annual Interest Rate divided by 12 this interest should be added to Each member of the class contains a private data member savings Balance indicating the amount the saver currently has onĭeposit. Use a static data member annual Interest Rate to store the annual interest rate for each of the savers. (Savings Account Class) Create a Savings Account class.

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