A local bank in your town needs a program to calculate a customer’s checking account balance at the end of each month. If the number of transactions is more
than 5, the bank charges a fee of $0.35.
• If the balance falls below 1000.00, there is a service fee of $25.00
• Data are stored in a file (transactions. txt) in the following form:
467343 3750.40 // Account Number | Initial Balance
W 250.00 // Transaction Code W: withdrawal | Amount
D 1200 // Transaction Code D: Deposit | Amount
W 1275.00 // Transaction Code: withdrawal | Amount
I 120.74 // I: Interest earned |Amount
D 1550 // D: Deposit | Amount
W 155.00 // W: withdrawal | Amount
W 240.50 // Transaction Code W: withdrawal | Amount
D 150.75 // Transaction Code D: Deposit | Amount
W 15.00 // Transaction Code: withdrawal | Amount
D 350.75 // Transaction Code D: Deposit | Amount
W 150.00 // Transaction Code: withdrawal | Amount
I 35.74 // I: Interest earned |Amount
W 1500.50 // Transaction Code W: withdrawal | Amount
Deliverable:
• Write a C++ program that reads the Data from the stored in a file
• Program prints the following information:
• Account number
• Balance at the beginning of the month
• Balance at the end of the month
• Total Interest paid by the bank
• Total amount of deposit
• Number of deposits
• Total amount of withdrawal
• Number of withdrawals
• Service charges (if below $1,000, $0.35 per transactions after 8
transactions) if any
• Please ensure that you format the output accordingly, currency, etc.