Point E has a negative x-coordinate, and its y-coordinate is not 0. Where could point E be located on the coordinate plane? Choo
se all answers that apply: (Choice A) Quadrant I (Choice B) Quadrant II (Choice C) Quadrant III (Choice D) Quadrant IV (Choice E) x-axis (Choice F) y-axis
since there is a negative x-coordinate, it has to be on the left side of the coordinate plane. There are only 2 Quadrants on that side, Quadrant II, and quadrant III. It also said that the y-coordinate is not 0, so It cannot be on the x-axis becuase that would mean that the y-coordinate is 0, but it said nothing about the x-coordinate not being 0.
Value of the CD after 3 months is given by 300(1 + 0.03 / 4) = 300(1 + 0.0075) = 300 x 1.0075 = $302.25. Therefore, interest for 3 months = $302.25 - $300 = $2.25
