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5. An employee, who is over the age of 18, under the age of 70, and is not in receipt of any CPP benefits, earns
5. An employee, who is over the age of 18, under the age of 70, and is not in receipt of any CPP benefits, earns $2550.00 semi-monthly. So far this year, $3,011.30 in CPP contributions have been deducted from the employee's pay, and $870.24 has been deducted for El. Calculate the CPP and El contributions on his next pay
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