NEEDED ASAP

An RRSP loan a. Is a goal-focused debt b. Helps people "catch up" on their RRSP contributions c. Is most constructive when a tax refund is used to pay off or pay down the loan principal outstanding d. All the above QUESTION 35 As it respects an RRSP loan a. The borrower may secure the loan using the RRSP as collateral, thereby reducing the interest rate actually charged b. The tax deduction may be used immediately c. The RRSP must make a profitable return in the first year otherwise the investment will not make financial sense over the long term d. The interest charged on the outstanding loan is tax deductible