Question

Carlos has $690,000 he wants to save. If the FDIC insurance limit per depositor, per banks will guarantee that all of his money is insured?

Answer 1

D. $230,000 in bank A, $240,000 in bank B, $220,000 in bank C

Step-by-step explanation:

Carlos has $690,000 he wants to save. If the FDIC insurance limit per depositor, per banks will guarantee that all of his money is insured?

A. $200,000 in bank A, $200,000 in bank B, $290,000 in bank C

B. $200,000 in bank A, $220,000 in bank B, $270,000 in bank C

C. $230,000 in bank A, $260,000 in bank B, $200,000 in bank C

D. $230,000 in bank A, $240,000 in bank B, $220,000 in bank C

Answer 2

question incomplete. If the limit is 250k. The Answer is 230k bank A, 240K bank b and 220k bank c.