199k views
4 votes
Shelly is a costumer of apex bank which is a member of the fdic she has $11564 in a checking account and $10000 in a savings account how much of shellys money is fdic protected

1 Answer

4 votes

The FDIC protects up to $250,000


Since Shelly has less than that, all of her money is protected.

User Todd Skelton
by
8.1k points