Challenging Engineering Problems with Detailed Answers
Build a class called BankAccount that manages checking and savings accounts. The class has three attributes: a customer name, the customer's savings account balance, and the customer's checking account balance.Implement the following constructor and instance methods as listed below:Constructor with parameters (self, new_name, checking_balance, savings_balance) - set the customer name to parameter new_name, set the checking account balance to parameter checking_balance, and set the savings account balance to parameter savings_balance.deposit_checking(self, amount) - add parameter amount to the checking account balance (only if positive)deposit_savings(self, amount) - add parameter amount to the savings account balance (only if positive)withdraw_checking(self, amount) - subtract parameter amount from the checking account balance (only if positive)withdraw_savings(self, amount) - subtract parameter amount from the savings account balance (only if positive)transfer_to_savings(self, amount) - subtract parameter amount from the checking account balance and add to the savings account balance (only if positive)