Question

question 15
3.5 pts
customer deposits in a federally insured bank are insured up to what amount?
google translate

○ $500,000
○ $250,000
○ $200,000
○ $100,000

Explanation:

In the United States, the Federal Deposit Insurance Corporation (FDIC) insures customer deposits in federally insured banks up to $250,000 per depositor, per insured bank, for each account ownership category.

Answer:

B. $250,000 (assuming the options are labeled A, B, C, D with A: $500,000, B: $250,000, C: $200,000, D: $100,000)