Youve saved S25000 for a down payment on a houseYou plan to

You\'ve saved S25,000 for a down payment on a house.,You plan to buy within a year. Which of the bolowing is the satesxtplaceo keep your money?

Solution

Expected Monetary Value is a technique in risk management which can be used to quantify risk .

It Calculates the average outcome when the large number of future scenario has probability to occur or not to occur.

Answer is a