Calculate the balance to be paid by Nehemiah & Co within the agreed period.

Nehemiah & Co purchased goods worth N 150,000 on credit from Nagwamatse group on 25th March, 2019. Nagwamatse group granted Nehemiah & Co 7% cash discount if the credit sales is fully settled on or before 20th April, 2020. Calculate the balance to be paid by Nehemiah & Co within the agreed period.

Answer: 139,500

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