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Denise can contribute up to 6% of her base salary to a company-sponsored registered retirement savings plan (Group RRSP), where her employer will match her

Denise can contribute up to 6% of her base salary to a company-sponsored registered retirement savings plan (Group RRSP), where her employer will match her contributions at a rate of 50%. Her base earnings for the year are $48,000 and her yearly bonus is $2,400. If Denise contributes the maximum allowed to her Group RRSP plan, what amount will represent total RRSP contributions on her T4 slip the following year?

Question 3 options:

$2,880

$3,024

$4,320

$4,536

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