If you have $2 million in a CD at a commercial bank that is a member of the FDIC, how much of your funds are uninsured?
A) $0
B) $1 million
C) $2 million
D) $1.75 million
Answer: D
If you have $2 million in a CD at a commercial bank that is a member of the FDIC, how much of your funds are uninsured?
A) $0
B) $1 million
C) $2 million
D) $1.75 million
Answer: D