Q:

Connie has $660,000 she wants to save. If the FDIC insurance limit perdepositor, per bank, is $250,000, which of these ways of distributing hermoney between three banks will guarantee that all of her money is insured?OA. $220,000 in bank A, $160,000 in bank B, $280,000 in bank COB. $180,000 in bank A, $220,000 in bank B, $260,000 in bank COc. $220,000 in bank A, $300,000 in bank B, $140,000 in bank COD. $180,000 in bank A, $240,000 in bank B, $240,000 in bank CSUBMIT

Accepted Solution

A:
Answer:The answer would be D) $180,000 in bank A, $240,000 in bank B, $240,000 in bank C. Step-by-step explanation:You can immediately eliminate A, B and C because the question clearly states that the limit per bank is $250,000.