Argument principle for a rational function ($f(z)=\frac{(z-1/4{)}^2(z-2)}{z+1/2}$)

Consider the rational functionInside the unit circle are a double zero of a function at $1/4$ and a simple pole at $-1/2$. The simple zero of a function at $2$ is outside. Thus $N=2$, $P=1$, and the winding number is one. The factorization checks the count exactly; the plot illustrates how the boundary records it.

For the concentric circle $|z|=r$, the winding number is zero for $0<r<1/4$, two for $1/4<r<1/2$, one for $1/2<r<2$, and two for $r>2$. At $r=1/4$ or $r=2$, the boundary contains a zero of a function; at $r=1/2$, it contains a pole. The theorem does not apply at those three radii. Moving a boundary changes the count only when it crosses an object being counted; homotopy invariance of winding number describes the unchanged count between crossings.