We are given:
- Initial amount of radioactive element: \( N_0 = 6 \times 10^3 \)
- Amount after 48 years: \( N = 0.75 \times 10^3 \)
- Time \( t = 48 \, \text{years} \)
The relationship between the initial and final amount of a radioactive element is given by the equation:
\[
N = N_0 e^{- \lambda t}
\]
where \( \lambda \) is the decay constant. The half-life \( T_{1/2} \) is related to the decay constant by:
\[
T_{1/2} = \frac{\ln 2}{\lambda}
\]
Substitute the given values into the first equation:
\[
0.75 \times 10^3 = 6 \times 10^3 e^{- \lambda \times 48}
\]
Simplifying:
\[
0.75 = 6 e^{- \lambda \times 48}
\]
\[
e^{- \lambda \times 48} = \frac{0.75}{6} = 0.125
\]
Taking the natural logarithm on both sides:
\[
- \lambda \times 48 = \ln(0.125)
\]
\[
- \lambda \times 48 = -2.079
\]
Solving for \( \lambda \):
\[
\lambda = \frac{2.079}{48} = 0.0434 \, \text{per year}
\]
Now, use the relationship between \( \lambda \) and half-life to find the half-life:
\[
T_{1/2} = \frac{\ln 2}{0.0434} = \frac{0.693}{0.0434} \approx 16 \, \text{years}
\]
Thus, the half-life of the radioactive element is \( 24 \, \text{years} \).