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The Federal Deposit Insurance Corporation insures deposits up to $250,000 per person per financial institution. Suzanne has $547,000 in a joint account with her husband,

The Federal Deposit Insurance Corporation insures deposits up to $250,000 per person per financial institution. Suzanne has $547,000 in a joint account with her husband, Ted. How much is not covered by FDIC insurance?

A. $611,500

B. $48,050

C. $250,000

D. $0

E. $47,000

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