Please debbug this code for me
public class SavingAccount { // interest rate for all accounts private static double annualInterestRate = 0; private final double savingsBalance; // balance for currrent account // constructor, creates a new account with the specified balance public void SavingAccount( double savingsBalance ) { savingsBalance = savingsBalance; } // end constructor // get monthly interest public void calculateMonthlyInterest() { savingsBalance += savingsBalance * ( annualInterestRate / 12.0 ); } // end method calculateMonthlyInterest // modify interest rate public static void modifyInterestRate( double newRate ) { annualInterestRate = ( newRate >= 0 && newRate <= 1.0 ) ? newRate : 0.04; } // end method modifyInterestRate // get string representation of SavingAccount public String toString() { return String.format( "$%.2f", savingsBalance ); } // end method toSavingAccountString } // end class SavingAccount