Why Does Laura Keep Only $100,000 Combined in Her Savings

question 2

Multiple Choice

Why does Laura keep only $100,000 combined in her savings and chequing accounts at TD Bank?

• A) any more will not earn additional interest
• B) her bank prohibits her from depositing more
• C) her fees will be significantly higher if more money is deposited
• D) this is the maximum amount insured per depositor

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