Aher reading the new account insert in his monthly statement, Fony Mercadante delermined that tho FDiC considers a joirt account as a separase depositor. He and his wite, Oyrihis, have fhree accounts af ABC Bank \& Trust, one joint account with a balance of $73.842 and two individual accounts-his has a $132.659 balance, and hers has a $252.068 belance. What amount of FDiC coverage do Tony and Cyrehia have on ther accounts? What amount of FDIC coverage do Tony and Cynthia have on their aceouns? (Select the best answer below.) A. Tony's account balance of 5132,690 is completely covered as is neir joind account of 573,542 ; both ascounts are under the $250 , 000 Foic lmit. Cynthia's account is over the insurance limit by $2 , 068 , but their money would be covered it she moved some into their pint account or into another insttubion. n. Tony's accoumi belance of 5132.699 is completely covered as is their joint account of $73 , 642 , both accounts are under the 5250,000 FDic fimit. Cynthia's account is over the innurance Imit by \$2,068, but is fuly insured becasie they only have $73.842 in thei joint account. c. Tony and Cyreha have a sotal of $458 , 020 in Ws intstution. Cach inethson is insured up to 3250,000, so they are over the incurance lint by 5205,620 and ahould move money into other institutions. therefore the inatbion does not have to iaues any of ther ascounts. .

1. Aher reading the new account insert in his monthly statement, Fony Mercadante delermined that
tho FDiC considers a joirt account as a separase depositor. He and his wite, Oyrihis, have fhree
accounts af ABC Bank & Trust, one joint account with a balance of $73.842 and two individual
accounts-his has a $132.659 balance, and hers has a $252.068 belance. What amount of FDiC
coverage do Tony and Cyrehia have on ther accounts? What amount of FDIC coverage do Tony
and Cynthia have on their aceouns? (Select the best answer below.) A. Tony's account balance of
5132,690 is completely covered as is neir joind account of 573,542 ; both ascounts are under the
$250 , 000 Foic lmit. Cynthia's account is over the insurance limit by $2 , 068 , but their money
would be covered it she moved some into their pint account or into another insttubion. n. Tony's
accoumi belance of 5132.699 is completely covered as is their joint account of $73 , 642 , both
accounts are under the 5250,000 FDic fimit. Cynthia's account is over the innurance Imit by
$2,068, but is fuly insured becasie they only have $73.842 in thei joint account. c. Tony and
Cyreha have a sotal of $458 , 020 in Ws intstution. Cach inethson is insured up to 3250,000, so
they are over the incurance lint by 5205,620 and ahould move money into other institutions.
therefore the inatbion does not have to iaues any of ther ascounts.