Create a SavingsAccount class. Use a static data number to contain the annualInterestRate for each of the savers. Each member of the class contains a private data member savingsBalance indicating the amount the saver currently has on deposit.
Provide a calculateMonthlyInterest member function that calculates the monthly interest by
multiplying the balance by annualInterestRate divided by 12; this interest should be added to .
Provide a static member function modifyInterestRate that sets the static annualInterestRate to a new value. Write a driver program to test class SavingsAccount. Instantiate two different savingsAccount objects, saver1 and saver2, with balances of $2000.00 and $3000.00, respectively. Set annualInterestRate to 3%, then calculate the monthly interest and print the new balances for each of the savers. Then set the annualInterestRate to 4% and calculate the next month’s interest and print the new balances for each of the savers. Requirements: As long as possible | .doc file