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
just answer the second one
jeez, tough question lol but ill see what i can do
its either B or C
what would you choose?
honestly, i would choose C. hopes that helps :)
YOU GET A A++++++++
yay, medal please? :3
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.
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