Business, 08.10.2019 19:00, okayjimz2003ov47ik

Tom and mindy want to keep $420,000 in cash equivalents that are federally insured. they could accomplish this by a. investing $170,000 in a money market mutual fund and $250,000 in a federally insured credit union. b. dividing it equally into two different joint accounts in two different federally insured savings banks. c. putting $75,000 in two joint accounts in different branches of the same bank. d. dividing it equally into three different joint accounts in the same federally insured bank.

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Tom and mindy want to keep $420,000 in cash equivalents that are federally insured. they could accom...