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CDE4. Fred Blake has agreed to work for the Cummings Foundation at a total annual salary of $55,000. He is uncertain whether he should be

CDE4. Fred Blake has agreed to work for the Cummings Foundation at a total annual salary of $55,000. He is uncertain whether he should be paid bi-weekly or semimonthly and has asked for your assistance. Calculate the typical deductions for CPP and EI that must be taken from Fred's salary under either alternative. Will the choice affect the total EI or CPP Fred pays during the year

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