Question: Abe Wolf bought a new kitchen set at Sears. Abe paid off the loan after 60 days with an interest charge of $9.30. If Sears

Abe Wolf bought a new kitchen set at Sears. Abe paid off the loan after 60 days with an interest charge of $9.30. If Sears charges 6% interest. What did Abe pay for the kitchen set? (Use 360 days a year. Do not round intermediate calculations.)

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