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

question 17

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.The total amount for which the National Credit Union Administration (NCUA) would insure these deposits would be:

• 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:

Buzz Groups

Small, informal discussion groups designed to generate ideas, solutions, or feedback within a larger group or classroom setting.

Conjunctive

Tasks or groups dynamics that require all members to contribute and wherein the performance is determined by the least capable member.

Disjunctive

Describes a relationship or situation where elements are disconnected or distinct from one another.

Compensatory

Related to making up for a deficiency or lack in one area by excelling or overperforming in another area.