Under normal conditions (70% probability), Financing Plan A will produce $24,000 higher return than Plan B ) Under tight money conditions (30% probability), Plan A will produce $40,000 less than PlanB ) What is the expected value of return for Plan A over Plan B?

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The Answer of Under normal conditions (70% probability), Financing Plan A will produce $24,000 higher return than Plan B ) Under tight money conditions (30% probability), Plan A will produce $40,000 less than PlanB ) What is the expected value of return for Plan A over Plan B?

Under Normal Conditions (70% Probability), Financing Plan a Will Produce