I have too much other stuff going on to finish this project for school. It is basically an intro to OOP and methods. The explanation is kind of long, but it is fairly easy. Here it is... Create class SavingsAccount. Use a static class variable to store the annualInterestRate for all account holders. Each object of the class contains a private instance variable savingsBalance indicating the amount the saver currently has on deposit. Provide method calculateMonthlyInterest to calculate the monthly interest by multiplying the savingsBalance by annualInterestRate divided by 12; this interest should be added to savingsBalance. Provide a static method modifyInterestRate that sets the annualInterestRate to a new value. Write a driver program to test class SavingsAccount. Instantiate two savingsAccount objects, saver1 and saver2, with balances of $2000.00 and $3000.00, respectively. Set annualInterestRate to 4%, then calculate the monthly interest and print the new balance for each of the savers. Then set the annualInterestRate to 5% and calculate the next month's interest and print the new balances for each of the savers.
## Deliverables
Complete and fully-functional working program(s) in executable form as well as complete source code of all work done. Complete copyrights to all work purchased. Method and variable names must be exactly as stated above.
## Platform
Win 95, 98, 2000, NT
## Deadline information
Would like it by 12:00 PM on the above date.