1. Mr. Annan is contemplating setting up a shopping mall in Accra or Sunyani but not both. Patronage could be high or low. He estimate there is a 50% chance patronage could be high in Accra with an associated profit of Ghc 140,000 per year, and 55% chance patronage could be high in Sunyani with a profit of 110,000 per year. If in Accra and patronage is low, he can either put in an aggressive advertisement at an estimated cost of Ghc 70,000 per year or close down the business at a loss of Ghc -150,000. Similarly, if in Sunyani and patronage is low, he can put in an aggressive advertisement at an estimated cost of 15,000 per year or close down at a cost of Ghc 50,000. Rear Advertisement in Accra has a 55% chance of generating high patronage at a profit of Ghc 140.000 per of Ghc 65,000 per year. Advertisement in Sunyani has a 65% chance of generating high patronage at a profit of Ghc 110,000 per year or or medium patronage at a profit medium patronage at a profit of Ghc 60,000 per year. What is the expected monetary value at for choosing Accra as the location for the mall? Your answer must in 2 decimal place Ghc

1. Mr. Annan is contemplating setting up a shopping mall in Accra or Sunyani but not both Patronage could be high or low He eatimate there is a 50% chance patronage could be high in Accra with an associated profit of Ghe 140,000 per yeat, and 55% chance patronage could be high in Sunyama with a profit of 110,000 per year If in Accra and patronage is low, he can ether put in an ageressive advertisement at an estimated cos: of Ghe 70.000 per year or close down the business at a loss of Ghe 150,000. Similarly, if in Sunyani and patronage is low, he can put in an ageressive advertisement at an estimated cost of 15,000 per year or close down at a cost of Ghe 50,000 . Advertiement in Acera has a 55% chance of generating high patronage at a prolit of Ghe 140,000 per 5 lear or medium patronage at a profit of Gbe 65,000 per year. Advertisement in Sunyani has a 65% chance of generatisg hagh patronage at a profit of Ghe 110.000 per year of medium patronage at a profit of Ghe 60,000 per year What is the expected monetary value at for choosing Accra as the locanon for the mall ? Your answer must be in 2 decimal place Ghe