question 24 (3 points) saved you have $15000 to invest. you can choose between: investment a: a stable real…

question 24 (3 points) saved you have $15000 to invest. you can choose between: investment a: a stable real estate investment with a guaranteed return of 5%. investment b: a cryptocurrency investment with a 30% chance of increasing to $50,000 and a 70% chance of dropping to $0. what is the expected value of investment b? expected value = (probability * value) + (probability * $0) - investment -$2,500 $5,000 $12,500 $0

question 24 (3 points) saved you have $15000 to invest. you can choose between: investment a: a stable real estate investment with a guaranteed return of 5%. investment b: a cryptocurrency investment with a 30% chance of increasing to $50,000 and a 70% chance of dropping to $0. what is the expected value of investment b? expected value = (probability * value) + (probability * $0) - investment -$2,500 $5,000 $12,500 $0

Answer

Answer:

$12,500