Ask your own question, for FREE!
Mathematics 17 Online
OpenStudy (anonymous):

Sonia has $675,000 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?

OpenStudy (anonymous):

A. $230,000 in bank A, $190,000 in bank B, $255,000 in bank C B. $230,000 in bank A, $180,000 in bank B, $265,000 in bank C C. $210,000 in bank A, $210,000 in bank B, $255,000 in bank C D. $210,000 in bank A, $220,000 in bank B, $245,000 in bank C

OpenStudy (denonakavro):

D is the answer because you cant put more than 250000

OpenStudy (anonymous):

Thank you! Can you show me the math?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!