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Alex is a Senior Manager in a major corporation and has been told by her financial planner that her average tax rate is 2 1

Alex is a Senior Manager in a major corporation and has been told by her financial planner that her average tax rate is 21.2%. She is considering making an additional RRSP contribution of $2,000 which will be fully deductible on her tax return. Assuming this contribution will not change her current tax bracket, what is her after tax savings as a result of her RRSP contribution?
A. $ 424
B. $ 703
C. $ 1,000
D.$1,297

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