Answer:
20
Step-by-step explanation:
Assuming that is 3 1/3 C per batch.
(3 1/3)(6)
(10/3)(6)
(10)(2)
20
First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
tan x = opposite / adjacent
tan x = 6 / 11
tan x = 6 / 11
x = 28.61 (or 29 degrees rounding to the nearest whole degree)