Joanne Keating, who is paid S2,200.00 bi-weekly, also receives the following in addition to her regular salary each pay: a group term life insurance non-cash taxable benefit of $6.50 and a taxable cash car allowance of $250.00. Calculate both Joanne's and her employer's Québec Parental Insurance Plan premiums assuming she has not reached the annual maximum.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Joanne Keating, who is paid S2,200.00 bi-weekly, also receives the following in addition to her regular salary each pay: a group term life insurance non-cash taxable benefit of $6.50 and a taxable cash car allowance of $250.00. Calculate both Joanne's and her employer's Québec Parental Insurance Plan premiums assuming she has not reached the annual maximum.
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