gracethumann12 gracethumann12

15-06-2017
Mathematics

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arlos has $690,000 he wants to save. If the FDIC insurance limit per depositor, per bank, is $250,000, which of these ways of distributing his money between three banks will guarantee that all of his money is insured?

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musiclover10045 musiclover10045

15-06-2017

divide 690,000 by 3

690000/3 = 230,000 so he can put 230000 in each bank since that is less than the 250000 they insure

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