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21 July, 08:37

Rolando has $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?

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  1. 21 July, 08:51
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    120,000

    Step-by-step explanation:

    Rolando would get back 120,000. Because the insurance limit is 250k, Rolando only put in 120k, so he should get everything back.
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