Question
Consider the following information: Depositor Details Mr. & Mrs. Jones, jointly Chequing $5,000 USD savings (in Canadian fund equivalent) $45,000 Money market mutual funds $75,000
Consider the following information:
| Depositor | Details |
| Mr. & Mrs. Jones, jointly | Chequing $5,000 USD savings (in Canadian fund equivalent) $45,000 Money market mutual funds $75,000 3-year GICs $125,000 |
How much is the uninsured deposits in this joint account?
____
A) $75,000
B) $100,000
C) $120,000
D) $150,000
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
