amysampayne amysampayne

04-04-2019
Mathematics

contestada

Rolando has $120,000 in a CD at Big Bucks Bank, which just failed. If the FDIC insurance limit per depositor, per bank, is $250,000, how much will Rolando get back?

Respuesta :

chikafujiwara chikafujiwara

04-04-2019

Answer:

120,000

Step-by-step explanation:

Rolando would get back 120,000. Because the insurance limit is 250k, Rolando only put in 120k, so he should get everything back.

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