If I invest $1000 in company A, there's a 40% chance I will double my money, and a 60% chance I will lose half my money. Those are the only two possibilities. What is the expected monetary value of investing $1000 in company A? (Note: include only how much more or less money I expect to have than before, not the original $1000 itself.) Give your answer as a whole number without the dollar sign.


Answer: 100.0

Mathematics

You might also like to view...

Find the area of the shaded region.y = -x4

A.
B. 2
C.
D.

Mathematics

Multiply and write answer in lowest terms. × 

A.
B.
C.
D.

Mathematics

Write your answer in lowest terms.The Brown family traveled 100 miles on a trip this summer. 30 miles of their trip was by train. What fraction of the trip was by train?

A.
B. 100
C.
D.

Mathematics

Perform the indicated operations and simplify the result. Leave the answer in factored form.

A.
B.
C.
D.

Mathematics