Question

need parts a,b,c,d

According to a state law, the maximum amount of a jury award that attorneys can receive is given below. 40% of the first $140,000 33.3% of the next $140,000 30% of the next $200,000 24% of anything over $480,000 Let f(x) represent the maximum amount of money that an attorney in the state can receive for a jury award of size x. Find each of the following and describe in a sentence what the answer tells you. a. f(210,000) b. f(320,000) c. $(520,000) d. Sketch a graph of f(x). a. f(210,000) = $0 (Type an integer or a decimal) 2

Answer 1

ANSWER

For 210,000 award size,

Attorney will get 40% of 140,000 and 33.3% of 70,000.

So,

a)

f(210,000) = 0.4*140,000 + (0.333*70,000)

= 79,310 dollars.

b)

f(320,000) = 0.4*140,000 + (0.333*140,000) +(0.3 * 40,000)

= 114,620 dollars

c)

f(520,000)= 0.4*140,000 + (0.333*140000) +(0.3 * 200,000)+ (0.24*40,000)

= 172,220 dollars

Graph of the) is increasing

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