omework-Part 1 Fall 2023 Question 5, E8-3 (similar to) Part 1 of 2 HW Score: 31.25%, 5 of 16 points O Points: 0 of 2 Save Nix-it Pest Control, Incorporated was recently hired to exterminate an office complex for $380,000. Nix - it will receive an additional $8,000 based on the success of the extermination. The additional $8,000 will be paid in full if the extermination is fully successful after one month. That amount will be decreased to $7,000 if the extermination is successful after two months and $6,000 if successful after three months. Based on past experience with similar contracts, Nix - it estimates that there is a 42% probability that the process will be successful with the one-month period, a 55% probability that it will take two months to be successful, and a(n) 3% probability that the process will be effective after three months. Read the requirements.

Read the reguirerents