Homework: Ch 8 Crunch the Numbers Exercise 1 Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1p CTN 8.1 3 Question Help You have been assigned to calculate the pay range minimum and maximum values for two pay grades as well as the overlap between these two pay ranges For a pay range midpoint equal to $62,500, and a range spread of 21%, the minimum pay value equals $ 56,561.08 and the maximum pay value equals $ 68,438.91. Round your response to the nearest hundredths place. For a pay range midpoint equal to 370625, and a range spread of 26%, the minimum pay value equals 5/7 and the maximum pay value equals $ 7. Round your response to the nearest hundredths place