It is the beginning of June, and Joan is considering selling her studio apartment in San Jose by posting an ad on the website SUList. The posting is free, but the website charges a hefty fee if Joan were to update the listed price more than once a month (just like the French classified site, le bon coin). As a result, Joan decides that she will only update her price at the beginning of each month. To make things even simpler, Joan decides that at the beginning of each month, she will list the studio for: $1,100,000, $700,000, or $500,000. After pouring over some research on the Internet, Joan concludes that, within a given month, the following chart gives the probability of her studio being sold at a certain price: