Create a class named SavingsAccount that represent a saving account to keep track of my savings at my bank with the following properties:1.It contains two double variables named balance and interestRate representing the mycurrent balance (e. g. $123.85) and the interest rate (e. g. .023 representing 2.3%) at which my money grows as private instance variables.2.It include a constructor that requires two arguments one for balance with default value of 0.0 and one for interest rate with default as 0.0.3.It include a method to deduct withdrawals from the balance. The method must have the withdrawal amount as a parameter. It cannot return a value and must update the balance by subtracting the withdrawal amount from the balance value