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Ranjeets pay period is bi-weekly. His annual salary is $48,000. Calculate his pay period CPP deduction for 2017 assuming that the maximum pensionable earning for
Ranjeets pay period is bi-weekly. His annual salary is $48,000. Calculate his pay period CPP deduction for 2017 assuming that the maximum pensionable earning for 2017 is $55,300; the basic annual exemption was $3,500 and the CPP rate for 2017 was 4.95%: (A) $1,846.16 (B) $98.62 (C) $134.62 (D) $84.72
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