SOLUTION: Thelma had $130,000 in a CD at Mucho Dinero Bank, which just failed. If the FDIC insurance limit per depositor, per bank, is $250,000. How much will Thelma get back?
Algebra.Com
Question 612673: Thelma had $130,000 in a CD at Mucho Dinero Bank, which just failed. If the FDIC insurance limit per depositor, per bank, is $250,000. How much will Thelma get back?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
$130,000
RELATED QUESTIONS
The following information was obtained from the accounting records of Kamuka Traders for... (answered by ikleyn)
If you borrowed 10, 000 pesos from a bank with 18% interest per annum, what is the total... (answered by ikleyn)
A businessman deposited ₦500,000 in a bank account at 20% per annum compound interest.... (answered by ikleyn)
A person
invests a total of R200 000 in money-market accounts at three different banks: (answered by Boreal)
Laura had $8000 in her piggy band. She invested some money in Bank A at 9% per annum and... (answered by Herdaysoji)
Mr.Popo deposited on a savings bank earning 5% per year compounded annually. After... (answered by ikleyn,greenestamps)
If 5000 dollars is invested in a bank account at an interest rate of 4 per cent per year, (answered by stanbon)
Bank 'A' provides loan at 5% per annum at simple interest and bank 'B' provides loan at... (answered by Theo)
A bank increased the rate of interest, which it paid to depositors from 3.5% to 4% per... (answered by Boreal)