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Why Does Laura Keep Only $100,000 Combined in Her Savings

Question 2

Multiple Choice

Why does Laura keep only $100,000 combined in her savings and chequing accounts at TD Bank?


A) any more will not earn additional interest
B) her bank prohibits her from depositing more
C) her fees will be significantly higher if more money is deposited
D) this is the maximum amount insured per depositor

Correct Answer:

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