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OpenStudy (anonymous):
Carlos has $690,000 he wants to save. If the FDIC insurance limit per depositor, per bank, is $250,000, which of these ways of distributing his money between three banks will guarantee that all of his money is insured?
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OpenStudy (mathstudent55):
Deposit the money in 3 banks, with no more than $250,000 in each bank.
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