Kitchen Set

timlasley

New member
Joined
Aug 23, 2011
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5
Abe bought a new kitchen set at Sears. Abe paid off loan after 60 days with interest charge of $9. If Sears charges 10% interest, what did Abe pay for the kitchen set? (assume 360 days)

60/360 * .10 * x = 9
.01667x = 9
x = 539.89
 
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