Connie has $660,000 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?
A.$220,000 in bank A, $300,000 in bank B, $140,000 in bank C
B.$180,000 in bank A, $240,000 in bank B, $240,000 in bank C
C.$180,000 in bank A, $220,000 in bank B, $260,000 in bank C
D.$220,000 in bank A, $160,000 in bank B, $280,000 in bank C

Question

Connie has $660,000 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?
 A.$220,000 in bank A, $300,000 in bank B, $140,000 in bank C
 B.$180,000 in bank A, $240,000 in bank B, $240,000 in bank C
 C.$180,000 in bank A, $220,000 in bank B, $260,000 in bank C 
D.$220,000 in bank A, $160,000 in bank B, $280,000 in bank C

anonymous · Answer

B
180+240+240=660
and it doesn't go over the 250 limit