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Assume FDIC insurance limits are $100,000. John and Mary are married. John has an account with $40,000. John and Mary have a joint account with
Assume FDIC insurance limits are $100,000. John and Mary are married. John has an account with $40,000. John and Mary have a joint account with $60,000. How much FDIC coverage does John require? Remember that John and Mary have equal ownership of the joint account
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