N2007, the fdic’s insurance limit was $100,000 per person per bank. if sam had a $150,000 savings account and $80,000 checking account at bank j, a $95,000 money market account at bank k, and a $200,000 savings account at bank l, how much of sam’s money was fdic insured?

Each bank has a $100,000 insurance limit. Therefore:
Bank J: Amount Deposited: 130,000
                        Amount Insured:            100,000
Bank K:Amount Deposited: 95,000
                        Amount Insured:            95,000 
Bank L:Amount Deposited: 200,000
                        Amount Insured:            100,000 

Total amount Insured:                           $395,000