ella3714
ella3714
07.12.2019 • 
Mathematics

In 2007, the fdic’s insurance limit was $100,000 per person per bank. approximately 62% of gil’s deposits were insured by the fdic. which of the following was a possible setup for gil’s deposits?

a.
a $13,000 money market account at bank t; a $31,000 cd, $44,000 savings account, and $16,000 checking account at bank u; a $70,000 cd and $28,000 money market account at bank v
b.
a $54,000 checking account and $84,000 savings account at bank t; a $28,000 money market account, $27,000 savings account, and $20,000 cd at bank u; a $130,000 cd at bank v
c.
a $60,000 money market account and $70,000 savings account at bank t; a $40,000 checking account and $92,000 savings account at bank u; a $45,000 cd and $75,000 checking acount at bank v
d.
a $108,000 savings account and $46,000 cd at bank t; a $36,000 money market account and $38,000 cd at bank u; a $63,000 checking account, $80,000 savings account, and $70,000 money market account at bank v

Solved
Show answers

Ask an AI advisor a question