asked 99.5k views
0 votes
Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a savings account with $240,000 in it. How much of Yvette's money is FDIC-protected?

A.

$0
  B. $257,371
  C. $240,000  
D. $250,000
asked
User Boken
by
8.8k points

2 Answers

6 votes

The answer is $250,000 Apex

answered
User Bottleboot
by
8.5k points
3 votes
250,000 because that is the limit of insured for any type of deposits that are made. fdic covers the max insurance of 250,000
answered
User Artem Svirskyi
by
8.6k points
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