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Finance Assignment A card and paper shop employs two salespeople, each making $ 4 0 , 0 0 0 gross pay annually. Ali has no

Finance Assignment

A card and paper shop employs two salespeople, each making $

40, 000

gross pay annually. Ali has no

deductions except federal and provincial tax, CPP and EL

.

Morgan saves S

%

of gross pay in RRSP which is tax

deductible and also has the mandatory deductions. Determine Ali and Morgan's bi

-

weekly net pay. Use the

table below to calculate your values:

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