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

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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

Mathematics
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Insurance is usually a backup plan for a worst case scenario, they don't pay you extra.
You pay them monthly, then, when you screw up, they fix whatever you screwed up.
i think the answer is C

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Other answers:

lol. I think it's B, but alright.
il let you know if its correct or not
why would it be B?
Well 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.
il let you know if its correct or not
ok
it should be B

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