Janine plans to save $6,000 a year for the next 6 years to put into her RRSP. She will place the funds at the beginning of every year in a highly diversified mutual fund portfolio which offers a nominal rate of return of 6%. Inflation is expected to be 5% over the next six years. How much will she have in real dollars by the end of six years? O 

a. $44,363 

 b. $42,852 

C. $37,219 

d. $36,868

Janice's salary is $62,000. The CPP contribution rate currently is 5.95% and the
YMPE is $66,600. What is her annual CPP contribution? 

a. $3,480.75 

b.$3,689.00 

c. $3,962.70 

d. $3,754.45

Joan is a member of a non-contributory DCPP where the contribution rate is 7%. Her salary is $55,000. Her company also has a DPSP. In 2021, her company contributed $3,850 to the DCPP on her behalf and $1, 100 to the out of DPSP. In 2022 she can contribute how much to her RRSP? O 

a. $13,050 

b. $1,100 

c. $4,950 

d. $9,200