PLEASE ANSWER WILL GIVE BRAINLIEST You are considering a $3,500 investment. The table shows the possible outcomes in cash flow next year. What is the expected rate of return on this asset?
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The expected rate of return is $442.5

Step-by-step explanation:

The expected rate of return is given by the following formula;

Where;

E[R] = The expected return

= The return received in the instance i

= The probability for obtaining the return, , in the instance i

n = The number of instances for the calculation

Therefore, we have;

The expected rate of return E[R] = 0.3 × 200 + 0.5×415 + 0.2 × 875 = $442.5

7 ft 6 in means 7 1/2, because 6 in is 1/2 of a foot. 7 ft 8 in means 7 2/3 because 8 in is 2/3 of a foot. 23/3 = 7 2/3. 15/2 = 7 1/2.

23/3   *   15/2   = 57 1/2

step-by-step explanation:

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