The federal deposit insurance corporation insures deposits, Finance Basics

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The federal deposit insurance corporation insures deposits

Question: The Federal Deposit Insurance Corporation insures deposits up to $250,000 per person per financial institution. If a person has $187,000 in an individual account, and $129,000 in a joint account, what amount exceeds the FDIC coverage for that person? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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