Xavier Deposited $75,000 in Various Individual Accounts at His Local

question 162

Multiple Choice

Xavier deposited $75,000 in various individual accounts at his local credit union. He and his wife also have a joint savings account worth $34,500. What portion of these deposits is insured?

• A) $0, because the NCUA does not insure individual credit union deposits.
• B) $73,220
• C) $100,000
• D) $109,500

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Definitions:

ATP Synthase

An essential enzyme that provides energy for the cell by synthesizing ATP (adenosine triphosphate), using a proton gradient.

Light-Dependent Reactions

The first stage of photosynthesis where light energy is converted into chemical energy in the form of ATP and NADPH.

Light-Independent Reactions

A series of biochemical reactions in photosynthesis that do not require light to proceed, resulting in the synthesis of glucose from carbon dioxide and water.

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy into chemical energy stored in glucose, releasing oxygen as a byproduct.