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lesya [120]
3 years ago
10

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 sa

vings. How much of Ursula's money is FDIC-protected?
Business
2 answers:
Papessa [141]3 years ago
8 0
The answer to this question 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 that is why I have come up with that answer. FDIC also caters to money market deposit accounts and certificate of deposit.
sdas [7]3 years ago
3 0

Answer:

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.

Explanation:

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b-Jan-11.  Dr Utility bills payable  485

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