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Rolando had $200,000 in a CD at Big Bucks Bank, which just failed. If the FDIC insurance the bank, how much will Rolando get back? $0 $250,000 $120,000 $200,000

Rolando had $200,000 in a CD at Big Bucks Bank, which just failed. If the FDIC insurance the bank, how much will Rolando get back? $0 $250,000 $120,000 $200,000
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1 vote
Rolando had $200,000 in a CD at Big Bucks Bank, which just failed. If the FDIC insurance the bank, how much will Rolando get back?

$0

$250,000

$120,000

$200,000

asked
User Nzh
by
8.4k points

1 Answer

3 votes
I think the answer would be $120,000. I'm not sure though.
answered
User Amxx
by
7.4k points
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