SOLUTION: Show all work
THe property restoration company is considering switching to a new dehumidifiedr.
Market research considers the cost of the new machines and ther efficiency shows
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Question 443269: Show all work
THe property restoration company is considering switching to a new dehumidifiedr.
Market research considers the cost of the new machines and ther efficiency shows that the switch would give them a 75% chance of making $20,000 profit, a 5% chance of breaking even, and a 20% chance of losing %5,000
How much money does puroserv expect to make with their new purchase.
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
20000(.75)-5000(.20)=15000-1000=$14000..
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