41. Scarlet decides that she will deposit $10,000 at the beginning of the next 6 years in an account at her bank that will pay her 5.25% compounded quarterly. How much will she have at the end of the period?

a. $72,042 b. $72,303 c. $68,628 d. $68,448

43.

Sonia is a moderately successful attorney and earns $150,000 annually. She contributes 18% of her income to her own personal RRSP. She does not have an employer sponsored pension plan. What is her pension adjustment if the money purchase limit is $30,780.

a.

$0

b.

$23,400

c.

$27,000

d.

$30,780