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What is a range check? Provide an example of a range check using a series of if..else statements using the values defined below.
final double HIGH_LIM = 1000.00;
final double HIGH_RATE = 0.08;
final double MED_LIM = 500.00;
final double MED_RATE = 0.06;
final double LOW_RATE = 0.05;
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