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Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a savings account with $240,000 in it. How much of Yvette's money is FDIC-protected?

A.

$0
  B. $257,371
  C. $240,000  
D. $250,000
User Boken
by
8.8k points

2 Answers

6 votes

The answer is $250,000 Apex

User Bottleboot
by
8.5k points
3 votes
250,000 because that is the limit of insured for any type of deposits that are made. fdic covers the max insurance of 250,000
User Artem Svirskyi
by
8.6k points
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