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You have earned income of $56,000 for last year. You have a defined-contribution plan to which your employer matches your contribution. The employer contributed $2500.

You have earned income of $56,000 for last year. You have a defined-contribution plan to which your employer matches your contribution. The employer contributed $2500. How much of an RRSP contribution can you make this year, assuming you have no accumulated RRSP room?

a.

$6580

b.

$2500

c.

$5080

d.

$10,080

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