Consider the Following Method Header for the BankAccount Class: Public

question 74

Multiple Choice

Consider the following method header for the BankAccount class: public void addInterest(double rate)
{
______________________________________
}
Fill in the blank in the method body.

• A) balance = balance * (1 + rate);
• B) balance = balance * rate;
• C) balance = balance * (1 + interestRate);
• D) balance = balance * interestRate;

---

Definitions:

Related Parties

Parties are considered related if one party has the ability to control or significantly influence the financial and operational decisions of another.

Non-executive Directors

Individuals who sit on a company's board but are not part of the day-to-day management, often providing independent oversight.

Related Party Transactions

Financial dealings between parties that have a relationship with the entity, which can include transactions with family members, key management personnel, or major shareholders.

Borrowed Money

Funds that are obtained through loans from banks, financial institutions, or other sources that must be repaid over time with interest.