2, 6.1.30 HW Score: 42.80%, 3 of 7 points O Points: 0 of 1 An investment counselor calls with a hot stock tp. He believes that it the economy remains strong, the investment will result in a profit of $40,000. If the economy grows at a moderate pace, the investment will run a profit of $20,000 However, the economy goes into recession, the investment will result in a loss of $40,000. You contact an economist who believes there is a 20% probably the economy will remain strong, a 70% probabdity the economy will grow at a moderate pace, and a 10% probability the economy will sip into recession, What is the expected profit from this investment? The expected proft as $75000 (Type an integer or a doma) Save