The interest rate is 3.5%.
EXPLANATION
We substitute the given values into the formula;

to obtain

We divide through by 6000 to obtain,

This implies that,

We take the square root of both sides,

This gives us,

Add -1 to both sides of the equation to obtain

Multiply through by 100 to obtain;

%
1
Vhvixr6
dtidtu
dtudtu
tdu
xtu
dtitfu
7+3t -t
------- = ----- is the relevant equation here. We don't ask, "What is 7+3t over
4 8 -t over 8," but rather "Solve the following equation for t."
Cross multiplying, 56 + 24t = -4t
-56
Then: 28t = 56, and t = ------ = -2 (answer)
28
The solution to "<span>What is 7+3t over 4 = -t over 8" is t = -2.</span>
33. 2x-3= -6
-6^2(squared) = 36
36 +(-3) = 33