Question:What amount would someone who has $500,000 in one bank and $250,000 in another bank be insured for in total?
A $500,000: $500,000 from one bank and nothing from the other
B $500,000: $250,000 from each bank
C $250,000 in total regardless of the number of banks
D $250,000 in total as the smaller deposit is the only one covered
+ AnswerD
+ Explanation
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