Assume the existence of a BankAccount class . Define a derived class , SavingsAccount that contains two instance variables : the first a double , named interestRate, and the second an integer named interestType. The value of the type variable can be 1 for simple interest and 2 for compound interest. There is also a constructor that accepts two parameters : a double that is used to initialize the interestRate variable , and a string that you may assume will contain either “Simple”, or “Compound”, and which should be used to initialize the type variable appropriately. There should also be a pair of functions getInterestRate and getInterestType that return the values of the corresponding data members (as double and int respectively).
The function must not use a loop of any kind (for, while, do-while) to accomplish its job.