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Mario was born in 2018. As his mother is very keen on tax planning, she establishes an RESP for Marco by contributing $1,000 to the plan in 2018. Mario's grandmother contributes an additional $400 to the plan on the same day.
Problem 1: In 2019, Mario's mother contributes $2,200 to the plan, while the grandmother contributes an additional $1,900. Mario's family has never had family income of more than $40,000. Determine the amount of the CESGs that would be added to Mario's RESP in 2018 and 2019.
The maximum amount by which this commercial banking system can expand the supply of money by lending is? 2. If there is a deposit of $20 billion of new currency into checking accounts in the banking system , excess reserves will increase by?
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Use this information to determine the book value per share of Common Stock as of end of the FY 2018: (Round your answer to the nearest penny.)
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