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OpenStudy (anonymous):
Felicia had $150,000 in a CD at Gravy Train Bank, which just failed. If the FDIC insurance limit per depositor, per bank, is $250,000, how much will Felicia get back?
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ganeshie8 (ganeshie8):
insurance coverage is there for upto $250K. but she lost only $150K in the bank. so she gets back all that she lost : $150K
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