A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 one year ago
Rolando had $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?
A. $0
B. $120,000
C. $130,000
D. $250,000
anonymous
 one year ago
Rolando had $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? A. $0 B. $120,000 C. $130,000 D. $250,000

This Question is Closed

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Insurance is usually a backup plan for a worst case scenario, they don't pay you extra.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0You pay them monthly, then, when you screw up, they fix whatever you screwed up.

leticiau
 one year ago
Best ResponseYou've already chosen the best response.1i think the answer is C

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0lol. I think it's B, but alright.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0il let you know if its correct or not

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Well it's talking about how Rolando's insured CD was broken, thus it only makes sense that the insurance company refunds him the exact amount in his CD.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0il let you know if its correct or not
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.