What principle will amount to $35000 if invested at 6.5% compounded quarterly for 5 year?
1 answer:
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Answer:
3rd quadrant
Step-by-step explanation:
- First we just convert the angle from radians to degrees
- Now that's too big, all this means is if we start rotating from the positive y-axis in a circle we will cross the starting point 2 times, 2 full circles;
- Now in which quadrant it 210 degrees?
- 0 degrees to 90 degrees is 1st quadrant
- 90 degrees to 180 degrees is 2nd quadrant
- 180 degrees to 270 degrees is 3rd quadrant
- 270 degrees to 360 degrees is 4th quadrant
- So our answer is the 3rd quadrant.