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Object-Oriented Bank Account Simulation with Inheritance in C++

A lab on simulating a bank account system using object-oriented programming and inheritance in C++.

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Object-Oriented Bank Account Simulation with Inheritance in C++For this lab, you implemented a C++ program that uses class inheritance to model different typesof bank accounts, such as a checking account and a savings account. The program allows fortransactions like deposits, withdrawals, and balance inquiries for both types of accounts. Thechecking account implements transaction fees for withdrawals after a certain number of freetransactions, and the savings account computes interest based on the daily interest rate.Questions:1.In your implementation, were any base-class functions called or overloaded in either ofthe derived classes? If so, list the classes and the functions involved, and explain why thefunctions were either called or overloaded.2.Were there any derived-class functions that were not explicitly called by the testprogram? If so, list which class and function, and explain why they were not necessary tobe called.3.Which access specifiers (private, public, protected) were used for each of the classesderived from the base class, and why were these choices made?Word Count Requirement:Your answer should be between300 to 400 words, providing clear and detailed explanations foreach question. Be sure to give examples from your code where necessary to support youranswers.

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