On a reality TV show, a package is thrown from a plane to the ocean below. The contestants must swim to the package to receive the "free pass" located inside the package. The path that the package follows can be modelled by the quadratic function d(t) = -4.9t2 + 10t + 1200, where d represents the distance, in meters, that the package travels and t is the time in seconds.
1) How long will it take for the package to reach the water?
2) Determine the domain and range of that function.