Anna recently opened a savings account in a federally insured bank; she made three deposits in the amounts of $100,000, $65,000 and $220,000 into the account. If the bank were to fail and go out of business, how much of Anna's money would she have FDIC insurance on? Note: The decision to reduce FDIC coverage on Dec. 31, 2013, back to a prior year level was rescinded, and as such the amount was not reduced.

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10000065000220000385000 As the Anna dep... View the full answer