Ask Question
5 April, 12:09

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?

a. $1,152

b. $115,200

c. $2,112

d. $211,200

+4
Answers (1)
  1. 5 April, 14:32
    0
    4,800,000:100

    =48,000

    48,000*2.4

    =115,200 ... answer
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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? a. $1,152 b. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers