Question: please help me answer these three questions and how did you answer them Let us suppose you can put your money into a savings account

please help me answer these three questions and how did you answer them please help me answer these three questions and how did you answer

Let us suppose you can put your money into a savings account and earn $500 in two years. Alternatively, you could put your money into a risky investment or into a more conservative investment. For the risky investment if the economy is good, will profit you $2000, but during a bad year, you would lose $500. For the conservative investment if the economy is good, will profit you $1000, but if the economy is bad, you will lose $300. Assume that the probability of a good year is 36%. What is the ex value of the risky investment? QUESTION 2 Let us suppose you can put your money into a savings account and earn $500 in two years. Alternatively, you could put your money into a risky investment or into a more conservative investment. For the risky investment if the economy is good, will profit you $2000, but during a bad year, you would lose $500. For the conservative investment if the economy is good, will profit you $43, but if the economy is bad, you will lose $71. Assume that the probability of a good year is 29.8%. What is the expected value of the conversative investment? QUESTION 3 Let us suppose you can put your money into a savings account and earn $256 in two years. Alternatively, you could put your money into a risky investment or into a more conservative investment. For the risky investment if the economy is good, will profit you $2000, but during a bad year, you would lose $500. For the conservative investment if the economy is good, will profit you $962, but if the economy is bad, you will lose $271. Assume that the probability of a good year is 54.1%. What is the expected value of the savings account

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