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Bob earned $70,000 last year and had a Pension Adjustment of $788O. If his RRSP is maximized, how much can he contribute to it this year? Input your answer to the nearest dollar.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Bob earned $70,000 last year and had a
Pension Adjustment of $788O. If his RRSP is
maximized, how much can he contribute to it
this year? Input your answer to the nearest
dollar.

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