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The federal government insures bank deposits at commercial and saving banks for up to what amount?? $10,000 $50,000 $100,000 $250,000
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3 votes
The federal government insures bank deposits at commercial and saving banks for up to what amount??

$10,000
$50,000
$100,000
$250,000

User Tarick Welling
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2 Answers

6 votes

Answer:250,000

Explanation:just got it right

User Joris
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6.4k points
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Deposits at commercial banks are insured up to $250,000 per depositor by the Federal Deposit Insurance Corporation also known as FDIC. FDIC promotes the safety and soundness of institutions.

Good luck :)
User Lehoang
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