7. Scenario #1 A five star General Knows all the details about the war against terrorism in the country, while a
newly recruited soldiers is just given marching orders.
Scenario #2 The Principal of Bishop College Kingstown
knows all the information about the Teachers and staff,
while the Grounds man only knows what he is told.
Scenario #1 is referred to as?
Scenario #2 is a reference to?
(2 Points)​

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 interesttype 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 interesttype 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).

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