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You Have Savings Accounts at Two Separately FDIC Insured Banks

Question 8

Multiple Choice

You have savings accounts at two separately FDIC insured banks. At one of the banks your account has a balance of $200,000. At the other bank the account balance is $60,000. If both banks fail, you will receive:


A) $250,000.
B) $60,000.
C) $260,000.
D) $200,000.

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