Suppose CPP rates were changed to the following:

Maximum Pensionable Earnings: $$62100$

Basic Exemption: $$4100$

Rate: $6\mathrm{.}2\%$

What would the maximum CPP contribution he$?$

Amanda puts $$2400$ in a savings account paying $3\mathrm{.}2\%$ simple interest for two years. Then she empties that account and puts the total amount in a new account that pays $2\mathrm{.}4\%$ interest, compounded quarterly for three years. How much does she have at the end of the five years?