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;

%
Answer to this problem is D
We can make an equation that would help this. X will be the discount rate.
4x=3.60
Now, we need to solve the equation to find what X is.
Let's divide each side by 4.
x=.9
So, we know that the item was sold for 90% of what it was before, meaning that it has a 10% discount.
Answer:
x=3/2
Step-by-step explanation:
2^2x=2^3
2x=3
x=3/2
Answer: $689.04
Step-by-step explanation: