I understand that the magnetic moment of a current carrying closed loop is given by the cross product of the current I and area vector.
It will be perpendicular to the plane of the loop. But I don't understand where this vector will be located? Will it be perpendicular to the plane and arise from the center of the loop?
I will add an example.
In this particular case the textbook calculates the magnetic moment vector to have coordinates in x and -z axis (the axises have been marked in the image)
However is the vector arising from every point of the loop? If it was coming from the center it still would not have a component in y axis.
If we are given a vector with components in x and y directions shouldn't the vector just lie in x and y plane? How can it move up and down the z axis? Even if it is perpendicular to the z axis
