Based on financial forecasts, purchasing Franchise A has a 4…

Based on financial forecasts, purchasing Franchise A has a 40% probability of resulting in a high projected rate of return of $23,000,000, a 30% probability of resulting in a medium projected rate of return of $20,000,000, and a 30% probability of resulting in a low projected rate of return of $18,000,000. Calculate the expected return for Franchise A: