Fred Brown has agreed to work for the Creed Foundation at a total annual salary of $58,600. He is uncertain whether he should be paid bi-weekly or semi-monthly and has asked for your assistance. Calculate the typical deductions for CPP and El that must be taken from Fred's salary under either alternative. Will the choice affect the total El or CPP Fred pays during the year? ER Complete the table below. (Round your answers to the nearest cent.) Bi-weekly: CPP = 62.26 19.77 Semi-Monthly: CPP = 124.52 S El = 39.55 w Help me solve this Calculator Ask my instructor Clear all Check
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