subject
Business, 21.06.2020 02:57 saintsfan2004

An investment has the potential of earning you $5000 at a 20 percent probability $3000 at a 50 percent probability, and $2000 at a 30 percent probability, based on the performance of the stock market. The expected value of the investment is:. $(round your answer to the nearest penny)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
question
Business, 22.06.2019 19:20
The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.
Answers: 2
question
Business, 23.06.2019 00:20
E11-2 (multiple choice) identify the best answer for each of the following: which of the following statements about internal service fund liabilities is false? internal service funds may report both current and long-term liabilities. internal service funds may not issue bonds for financing purposes. internal service funds may report contingent liabilities. due to other funds would be reported as a current liability
Answers: 3
question
Business, 23.06.2019 13:30
Wyome has a career in manufacturing and goes to an office to work every day. at the office, he most likely works with
Answers: 2
You know the right answer?
An investment has the potential of earning you $5000 at a 20 percent probability $3000 at a 50 perce...
Questions
question
Mathematics, 14.10.2019 04:20
Questions on the website: 13722360