There is a Banking application. It has 2 types of account, Savings and Current.

There is a Banking application. It has 2 types of account,
Savings and Current. Write a method calculateInterest by
passing an ArrayList of these account objects and calculate
Interest accordingly. Write code for this situation

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There is a Banking application. It has 2 types of account, Savings and Current. Write a method calc..

Answer / 94374

public class CalculateInterst {
public static double calculateInterest (List list){
double intrest = 0;
if(list != null && list.get(0).equals("SAVING")){
//Calculate interest for Saving Account and return it
intrest = 7.0;

}else if (list != null && list.get(1).equals("CURRENT")){
//Calculate interest for Saving Account and return it
intrest = 5.0;
}
return intrest;
}

public static void main(String[] args) {
List list = new ArrayList();
list.add("SAVING");
list.add("CURRENT");
calculateInterest(list);
}

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