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Evaline Atieno Okanda will retire in 20 years. This year she wants to fund an amount of 4,500,000 to become available in 20 years. How
Evaline Atieno Okanda will retire in 20 years. This year she wants to fund an amount of 4,500,000 to become available in 20 years. How much does she have to depositEvaline Atieno Okanda will retire in 20 years. This year she wants to fund an amount of 4,500,000 to become available in 20 years. How much does she have to deposit into a pension plan earning 8% annually? (2 marks) into a pension plan earning 8% annually? (2 marks)
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