Answered

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Question 10:

A CD is FDIC insured.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

A CD is FDIC insured up to [tex]$250,000.


Explanation:

TRUE. A Certificate of Deposit (CD) is FDIC insured up to $[/tex]250,000. The Federal Deposit Insurance Corporation (FDIC) was established in 1933 to protect depositors' money in banks.


Learn more about FDIC insurance here:

https://brainly.com/question/29392553


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