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Ali earned $40,000 in 2021, below the year's maximum pensionable earnings. He was an employee of a chartered bank. Refer to Exhibit 14-3. What was

Ali earned $40,000 in 2021, below the year's maximum pensionable earnings. He was an employee of a chartered bank. Refer to Exhibit 14-3. What was his required contribution to the Canada Pension Plan?

  1. $2,180

  2. $3,979

  3. $4,360

  4. $1,989

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