Would it be possible for an individual to have, say, six or seven checking and savings accounts

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Would it be possible for an individual to have, say, six or seven checking and savings accounts at the same bank and still be fully protected under federal deposit insurance? Explain. Describe how it would be possible for a married couple to obtain as much as $1,500,000 in federal deposit insurance coverage at a single bank.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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