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Jayzzz:
Ursula is a customer of Apexon Bank, which is a member of the FDIC. She has $13,987 in a checking account and $240,000 in her savings. How much of Ursula's money is FDIC-protected
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babygirl345:
The answer is $250,000. It is because in the rules of the FDIC (Federal Deposit Insurance Corporation) they follow a standard insurance amount of $250,000.
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