anonymous
  • anonymous
Which of the following is not protected by the FDIC? a. Safety deposit boxes b. Savings accounts c. Checking accounts d. Certificates of Deposit (“CDs”)
Mathematics
katieb
  • katieb
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anonymous
  • anonymous
anonymous
  • anonymous
If the NCUA charges 6.3 cents per 100 dollars insured and Credit Union L pays $8,445 in NCUA insurance premiums, approximately how much is in Credit Union L’s insured deposits? a. $1.2 million b. $5.3 million c. $13.4 million d. $20.6 million
anonymous
  • anonymous

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anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous
just answer the second one
anonymous
  • anonymous
jeez, tough question lol but ill see what i can do
anonymous
  • anonymous
its either B or C
anonymous
  • anonymous
what would you choose?
anonymous
  • anonymous
honestly, i would choose C. hopes that helps :)
anonymous
  • anonymous
YOU GET A A++++++++
anonymous
  • anonymous
yay, medal please? :3
mathstudent55
  • mathstudent55
The answer to the first question is supposed to be Choice a., but Choice a. should read "Safe-deposit box" not "safety deposit box." Safety deposit box is a common mistake.
mathstudent55
  • mathstudent55
The answer to the 2nd question is: 6.3 cents per $100 is the same as 6.3 cents per 10,000 cents. 6.3/10000 = 0.00063 $8445/0.00063 = 13,400,000

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