Determine the Coordinates of the Points Shown $( 1,3 )$ ; Quadrant I
B)

question 8

Multiple Choice

Determine the coordinates of the points shown. Tell in which quadrant the point lies. Assume the coordinates are
integers.
-

• A) \(( 1,3 )\); quadrant I
• B) \(( 1,6 ) ;\) quadrant I
• C) \(( 1,3 ) ;\) quadrant II
• D) \(( 1,6 )\); quadrant II

---

Definitions:

Compounded Monthly

The process of adding interest to the initial amount of a loan or deposit on a monthly basis, causing the total amount to grow at an increasing rate.

Compounded Annually

An interest calculation method where interest is calculated once a year and added to the principal, leading to an increase in the amount of subsequent interest.

RRSP

Registered Retirement Savings Plan (RRSP) is a Canadian financial account designed for individuals to save for retirement, offering tax benefits to incentivize saving.

Compounded Quarterly

Interest on a loan or investment is calculated four times a year, with each interest payment added to the principal.