Please explain question 4 and 5

4) Dina just started working for Telus and has become eligible to participate in their retirement plan where she contributes 8% of her gross salary on the 1st of each month. Telus matches her contributions dollar for dollar in this plan. The plan averages an annual return of 6% interest compounded semi-monthly Dina is 23 years old and plans to retire at age 60. What is the total amount that she will have when she retires? Dina's gross annual salary is $84,000. a) $1,898,765 b) $1,726,744 c) $1,839,612 Page 1 of 11 d) $1,804,893 e) $1,722,925 5) It is July 1, 2020 and Brittany has been working for the last 3.5 years since she graduated from Concordia's JMSB on December 31, 2016. She is a resident of Quebec and is looking to make her first Registered Retirement Savings Plan (RRSP's) contribution (including a catch-up for past years). Calculate the maximum contribution that she can claim as a deduction on her 2020 personal income tax return. (see Table D) Brittany's annual gross salary: 2017: $75,000 2018: $85,000 2019: $96,000 2020: $110,000 a) $17,280 b) $19,800 c) $65,880 d) $56,800 e) $46,080 6) Net cashflows are determined by subtracting a) your insurance deductible from all sources of income. b) your fixed expenses from your total income. c) your variable expenses from net income. d) your expenses from your disposable (after-tax) income e) your personal tax credits from your after-tax income. 4) Dina just started working for Telus and has become eligible to participate in their retirement plan where she contributes 8% of her gross salary on the 1st of each month. Telus matches her contributions dollar for dollar in this plan. The plan averages an annual return of 6% interest compounded semi-monthly Dina is 23 years old and plans to retire at age 60. What is the total amount that she will have when she retires? Dina's gross annual salary is $84,000. a) $1,898,765 b) $1,726,744 c) $1,839,612 Page 1 of 11 d) $1,804,893 e) $1,722,925 5) It is July 1, 2020 and Brittany has been working for the last 3.5 years since she graduated from Concordia's JMSB on December 31, 2016. She is a resident of Quebec and is looking to make her first Registered Retirement Savings Plan (RRSP's) contribution (including a catch-up for past years). Calculate the maximum contribution that she can claim as a deduction on her 2020 personal income tax return. (see Table D) Brittany's annual gross salary: 2017: $75,000 2018: $85,000 2019: $96,000 2020: $110,000 a) $17,280 b) $19,800 c) $65,880 d) $56,800 e) $46,080 6) Net cashflows are determined by subtracting a) your insurance deductible from all sources of income. b) your fixed expenses from your total income. c) your variable expenses from net income. d) your expenses from your disposable (after-tax) income e) your personal tax credits from your after-tax income