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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A member of a successful girl band is considering leaving the band to pursue a solo career. If she stays with the band she estimates that there is a 60% chance that the band will continue to be successful and she would earn £1.7m over the next three years. If the band’s success does not continue she would still earn £0.6m over the next three years under her existing contract. If she embarks on a solo career she estimates that the chance of success is 20%. A successful solo career would bring her £4m in the next three years. If her solo career is not successful she can expect to earn only £0.25m in the next three years. What should she do?
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