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• $60,000
• $53,000
• $40,000
• $20,000
$53,000 is the right answer.
$53,000 is the expected return
Expected Return = (75,000*60%) + (20,000*40%)
=45,000 +8,000
=53,000
fifty three thousand us dollars.
correct answer <<<<<<<<<<<<
53000
my answer is
(75000*60%)+(20000*40%)
=45000+8000
=53000
Well, if the probability of $75000 is60% and and40% for $20000 then in this case the expected return will be around $53000.