What amount exceeds the fdic coverage for that


The Federal Deposit Insurance Corporation insures deposits up to $250,000 per person per financial institution. If a person has $187,000 in an individual account, and $129,000 in a joint account, what amount exceeds the FDIC coverage for that person?

$250,000

$0

$251,500

$2,550

$1,500

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Financial Management: What amount exceeds the fdic coverage for that
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