Answers26-27 Ignite Technical Math-Financial Math - MA2007Topic TestQuestion 142
142
QuizMultiple Choice

Topic Test

Question 142 • 26-27 Ignite Technical Math-Financial Math - MA2007

If the FDIC charges Bank E 2.4 cents per 100 dollars insured, how much must Bank E pay to insure $4.8 million in deposits?

Answer
A
$1,152
B
$115,200
C
$2,112
D
$211,200
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