Question

Thelma had $130,000 in the CD at Mucho Dinero back which just failed if the FDIC Insurance limit per depositor per bank is $250,000 how much will Thelma get bac

Answer 1

Answer:

$130,000

Step-by-step explanation:

It is given that the FDIC Insurance limit per depositor per bank is $250,000.

It means,

1. If the particular amount in the Mucho Dinero bank is less than or equal to $250,000 and bank is failed, then Thelma get her total amount.

2. If the particular amount in the Mucho Dinero bank is more than $250,000 and bank is failed, then Thelma get only $250,000.

It is given that Thelma had $130,000 in the CD at Mucho Dinero bank.

$130,000 < $250,000

Therefore, Thelma will get $130,000.

Answer 2

130,000Answer:

Step-by-step explanation: