question 4 of 10\none sign that your money will be safe in a savings account is if ______.\nthere are…

question 4 of 10\none sign that your money will be safe in a savings account is if ______.\nthere are usually security guards in the lobby\nit is invested in stocks which are protected by the stock exchange\nit is insured up to $250,000 by the fdic/ncua\nit is held in a weatherproof box

question 4 of 10\none sign that your money will be safe in a savings account is if ______.\nthere are usually security guards in the lobby\nit is invested in stocks which are protected by the stock exchange\nit is insured up to $250,000 by the fdic/ncua\nit is held in a weatherproof box

Answer

Brief Explanations:

The Federal Deposit Insurance Corporation (FDIC) for banks and the National Credit Union Administration (NCUA) for credit - unions insure deposits up to $250,000. This is a key safeguard for savings account holders. Security guards in the lobby do not guarantee the safety of the money in the account. Savings accounts are not typically invested in stocks directly. A weatherproof box has no relation to the financial safety of the money in a savings account.

Answer:

C. it is insured up to $250,000 by the FDIC/NCUA