Question

Sonia has $675,000 she wants to save. If the FDIC insurance limit per depositor, per bank, is $250,000, which of these ways of distributing her money between three banks will guarantee that all of her money is insured?

Answer 1

$210000 in bank A, $220000 in bank B, $245000 in bank C

Explanation:

I'm doing the test right now lol (A P E X)

All the other answers go over 250000 and you can't do that or the money won't be insured

Answer 2

In three ways .

Explanation:

first way if $250,000 deposite in one bank, $250,000 deposite in second bank and remaining money $175,000 in third bank .

second way if sonia deposite $200,000 in one bank , $250,000 deposite in second bank ,$225,000 deposite in third bank.

third way if sonia deposite $225,000 in one bank ,$225,000 deposite in second bank and $ 225,000 in third bank .