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Bob is guarunteed to receive a base fee of 5 , 8 0 0 for his services in addition to a bonus depending on when

Bob is guarunteed to receive a base fee of 5,800 for his services in addition to a bonus depending on when the project is completed. Nolan created incentives for bob to finish thenbar as soon as he can without jeopardizijg the structural integretity of the barn. Nolan offered to pay an additional 25% of the hase fee if the project finished 2 weeks early and 15% if the project finished a week early. The proability of finishing weeks early is 20% and the probability to finish a week early is 60%

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