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lisov135 [29]
3 years ago
8

Help i need ittt!!!!!

Mathematics
1 answer:
borishaifa [10]3 years ago
6 0

Answer:

Point A

Hope This Helps!    Have A Nice Day!!

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Amelia had $175,000 in a CD at Treasure Trove Bank, which just failed. If the FDIC insurance limit per depositor per bank is $25
uysha [10]

Answer:

The correct option is A. Amelia will get $175,000.

Step-by-step explanation:

It is given that Amelia had $175,000 in a CD at Treasure Trove Bank, which just failed and FDIC insurance limit per depositor per bank is $250,000.

It means the FDIC insurance company will settle the loss till $250,000.

If the deposited amount of depositors is less than $250,000, then they will get their total deposited amount and if the deposited amount of depositors is greater than or equal to $250,000, then they will get only $250,000.

Since the deposited amount of Amelia is $175,000, which is less than $250,000, therefore she will get her total deposited amount.

175,000

Therefore correct option is A. Amelia will get $175,000.

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