Question
. An employee turned 18 on April 21, 2021. She is paid $315.00 on a weekly basis. Calculate: a) Her maximum CPP contribution for the
. An employee turned 18 on April 21, 2021. She is paid $315.00 on a weekly basis. Calculate:
a) Her maximum CPP contribution for the year.
b) How much will be deducted for CPP from her next weekly pay.
cpp rate 5.45%
annual basic cpp exemption $3,500
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
