A brokerage firm charges 6% commission on gold purchases in amounts from $50 to $3000. For purchases
Question:
A brokerage firm charges 6% commission on gold purchases in amounts from $50 to $3000. For purchases exceeding $3000, the firm charges 2% of the amount purchased plus a $15 handling fee. Let x denote the amount of gold purchased (in dollars), and let f (x) be the commission charge as a function of x.
(a) Describe f (x).
(b) Find f (3000) and f (4500).
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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