1) Use the information below to calculate the organizations expected return
1) Use the information below to calculate the organizations expected return.Please round to two decimal places.
State Probability Return
Boom 20% 0.31
Normal 60% 0.12
Recession 20% -0.17
2) Whats the future value of $1,000 dollars placed in your saving account for 4 years if the account pays 10.00%, compounded quarterly? The answer should be correct to two decimal places.