Yes , increased tension suggests increased molecular attraction between the molecules of the ropes which affect the increase in the speed of wave.
So this is easy to calculate when you split the velocity into x and y components. The x component is going to equal cos(53) * 290 and the y component is going to equal sin(53)*290.
The x location therefore is 290*cos(53)*35 = 6108.4m
The y location needs to factor in the downwards acceleration of gravity too, which is 9.81m/s^2. We need the equation dist. = V initial*time + 0.5*acceleration*time^2.
This gives us d=290*sin(53)*35 + (0.5*-9.81*35^2)=2097.5m
So your (x,y) coordinates equals (6108.4, 2097.5)