Arizona State University FIN FIN 460 I have a test that I am taking for Personal FInance and I’m stuck…
You have $500,000 to deposit in a bank account. What should you do with this deposit to be certain it is insured?
A | Split it in half and deposit it in two separate savings accounts at different commercial banks. |
B | Deposit all of the money in one savings account in a commercial bank. |
C | Deposit all of the money in one checking account in a commercial bank. |
D | Split it in half and deposit it in two separate savings accounts at different brokerage firms. |
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