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?

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


Money and Banking

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