If the FDIC has a $59.5 billion insurance fund and must use 5.6% of it to cover several failed banks, approximately how much money is left in the fund?

The fund uses 5.6% of $59.5 billion, so 94.4% remains. Calculate $59.5 billion × 0.944 = $56.168 billion, which rounds to about $56.17 billion. The correct choice is $56.17 billion.

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