Sketch the Graph of the Piecewise-Defined Function

question 63

Essay

Sketch the graph of the piecewise-defined function. $$f ( x ) = \left\{ \begin{array} { l l } x + 2 & \text { if } x < 0 \\2 & \text { if } 0 \leq x \leq 1 \\- x + 6 & \text { if } 1 < x\end{array} \right.$$

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Definitions:

Amortized Loan

An amortized loan is a loan where the principal is paid down over the life of the loan, typically through equal payments.

Present Value

The equivalent value today of cash flows or a sum of money anticipated in the future, using a predetermined return rate.

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

Interest Rate

Interest rate is the percentage charged by a lender to a borrower for the use of assets, adjusting for the cost of credit or the return on investment.