This Python program implements a simple bank account management system. It provides classes for basic bank account operations such as deposit, withdrawal, and transfer. Additionally, it includes features such as interest rewards and savings accounts.
The BankAccount class represents a basic bank account. It has the following methods:
__init__(self, initialAmount, acctName): Initializes a bank account with an initial balance and account name.getBalance(self): Prints the current balance of the account.deposit(self, amount): Deposits the specified amount into the account.withdraw(self, amount): Withdraws the specified amount from the account.transfer(self, amount, account): Transfers the specified amount to another account.
The InterestRewardsAcct class inherits from BankAccount and overrides the deposit method to apply a 5% interest reward on deposits.
The SavingsAcct class inherits from InterestRewardsAcct and includes a $5 fee on withdrawals in addition to interest rewards.