In 2007, the fdic’s insurance limit was $100,000 per person per bank. approximately 59% of mark’s deposits were insured by the fdic. which of the following is a possible setup for mark’s deposits? a. a $50,000 savings account and $31,000 money market account at bank g; a $71,000 money market account, $109,000 cd, and $39,000 checking account at bank h; a $55,000 checking account, $84,000 savings account, and $38,000 cd at bank i b. a $109,000 savings account, $124,000 checking account, and $36,000 money market account at bank g; a $52,000 cd and $86,000 money market account at bank h; a $79,000 checking account, $42,000 savings account, and $88,000 cd at bank i c. a $107,000 money market account and $150,000 savings account at bank g; a $22,000 checking account, $31,000 savings account, and $40,000 cd at bank h; a $70,000 cd, $47,000 money market account, and $59,000 savings account at bank i d. a $28,000 checking account and $30,000 cd at bank g; a $77,000 savings account, $60,000 money market account, and $28,000 cd at bank h; a $64,000 checking account, $92,000 cd, and $112,000 money market account at bank i

A $50,000 savings account and $31,000 money market account at Bank G; a $71,000 money market account, $109,000 CD, and $39,000 checking account at Bank H; a $55,000 checking account, $84,000 savings account, and $38,000 CD at Bank I

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n 2007, the FDIC’s insurance limit was $100,000 per person per bank. Approximately 59% of Mark’s deposits were insured by the FDIC. Which of the following is a possible setup for Mark’s deposits?

A $50,000 savings account and $31,000 money market account at Bank G; a $71,000 money market account, $109,000 CD, and $39,000 checking account at Bank H; a $55,000 checking account, $84,000 savings account, and $38,000 CD at Bank I

Federal Deposit Insurance Corporation is a federal organisation that protects customers account from bank's failure or thrift. It protects the account of some persons from whatsoever risk that is attched from there financials services. Banks lend out money to big businesses and individuals and in turn get interest  which acts as a revenue for them.

A. is a possible setupp for Mark's account

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