QUESTION 11 In 2018, Jamie owned and operated a seafood restaurant that generated net business income of $109,000. Based on a YMPE of $55,300 and contribution rates of 4.9596, how much did Jamie contribute to the CPP? O a) $2,564.10 Ob) $2,737.35 O c) $5,128.20 O d) $5,474.70 QUESTION 12 Which of the following is not one of the uncontrollable factors affecting retirement planning? O a) Inflation rates O b) Income tax rates O c) Rates of return on investments O d) Spending habits QUESTION 13 Assuming Tammy earns pensionable employment income of $65,000 and the year's maximum pensionable earnings are $55,300, how much does Tammy have in contributory earnings for purposes of the CPP? O a) $51,800 Ob) $55,300 O c) $61,500 O d) $65,000 QUESTION 14 Katrina is 48 years old. She has a son, who is 19 years old, who works full-time as a mechanic. Katrina's husband, who had made CPP contributions for over 20 years passed away last week. He had significant coverage under a private life insurance contract. What benefit will Katrina NOT be able to collect? O a) CPP death benefit Ob) CPP survivor's pension O c) CPP orphan's benefit O d) proceeds from the private life insurance contract