Please help to find these answers. I want you to do calculations please.

If you can solve it I would appreciate. otherwise leave to other one to solve it in his way.

Axel is 30 years old, and has $40,000 accumulated in his RRSP already. Assume he will make an annual real rate of return of 2.8%. How much does Axel need to save each year to reach his retirement goal of having $835,000 at age 65? Input your answer to the nearest dollar (with no minus sign).

Correct Answer:

12,546 1

Allen is a single father with two children, Bob and Barb, and has the following coverage in his group benefits plan:

This year he had the following medical expenses:

Prescriptions:

Barb: February a prescription for $70

Allen: May a prescription for $134

Dental:

Allen: March a cleaning for $161

Allen: April a filling for $216

Bob: April a cleaning for $151

How much of these expenses would he have to cover himself (out of pocket)? Input your answer to the nearest dollar.

Correct Answer:

306 1

60% 2,000 50/150 80% Life Insurance: 3 X Salary to maximum $300,000 Disability Insurance Prescription Medications Annual maximum per person Annual Deductible, $50 per individual to max $150 per Family Coinsurance prescription drugs Dental basic Annual max per person per person Annual Deductible, $50 per individual to max $150 per Family Coinsurance for regular dental Major Restorative dental (Root canals, Caps, Crowns) Annual max per person Coinsurance for majotr dental Vision $500 per person every 2 years, no deducible Professional Services (Chiropractor, Osteopath, Podiatrict, Massage, Physiotherapist, etc) Annual Maxmimm per Service Deductible $50 per visit 1,000 50/150 80% 2,500 60% 500 350 25