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How much should ameera invest today

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Question - Ameera is 48 years old now. She is planning to retire after 12 years. She needs OMR 60000 to retire comfortably. If her bank pays 8% interest compounded quarterly, how much should Ameera invest today?

Reference no: EM133171579

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How much should ameera invest today : Ameera is 48 years old now. She is planning to retire after 12 years. She needs OMR 60000 to retire comfortably. How much should Ameera invest today
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