Problem $3$:

Should we use Project A or Project B$?$

Project A:

$$Project A will cost $$300,000\mathrm{.}00$ to develop.

$60\%$ chance it will generate $$700,000\mathrm{.}00.$

$40\%$ chance it will generate $($$$100,000\mathrm{.}00).$ Minus

Project B:

$$Project B will cost $$500,000\mathrm{.}00$ to develop.

$70\%$ chance it will generate $$900,000\mathrm{.}00.$

$30\%$ chance it will generate $($$$200,000\mathrm{.}00).$ Minus

What is the Expected Monetary Value of the two projects.$$ Which should the firm invest in$?$