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Q 5 - On August 3 0 , 2 0 1 8 , Low Rider Automotive established a line of credit at its bank, with

Q5- On August 30,2018, Low Rider
Automotive established a line of credit at its
bank, with interest at 12.2% p.a. This line of
credit was used to purchase $5000 of
inventory and supplies. Low Rider paid
$5200.54 to satisfy the incurred debt. On
what date did Low Rider Automotive
honour the line of credit?
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