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Grant has the following assets on deposit at a bank. How much of Grants accounts are currently insured by the FDIC? Ownership Balance Acme Bank

Grant has the following assets on deposit at a bank. How much of Grants accounts are currently insured by the FDIC? Ownership Balance Acme Bank Downtown Branch Savings account Grant $225,000 Traditional Individual Retirement Account Grant $275,000 Savings account Joint with Carl $300,000 Acme Bank Suburban Branch Certificates of deposit (CDs) Grant $ 75,000 Savings account Joint with Carl $ 2,000 Bank of America Certificates of deposit (CDs) Joint with Carl $500,000 Checking Grant $ 5,000 Money Market Mutual Fund Grant $ 80,000 Group of answer choices $906,000. $981,000. $986,000. $1,061,000

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