The Minimum and Maximum Values for Five Datasets Are Given

question 2

Multiple Choice

The minimum and maximum values for five datasets are given below. Pick the pair that has the maximum range.

• A)3 and 39
• B)30 and 40
• C)500 and 501
• D)49 and 59
• E)1029 and 1049

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Definitions:

Dishonored Note

A promissory note that has not been paid by the maker at the maturity date.

360-Day Year

An accounting convention that simplifies interest calculations by assuming each month has 30 days, totaling 360 days for the year.

Interest Calculation

The process of determining the charge for the use of borrowed funds or the return on invested funds, typically expressed as an annual percentage rate.

Accrued Interest

Interest that has been incurred but not yet paid or received.