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Our risk analysis has revealed…
…there is an 80% chance we will need an extra $10,000 for Risk A
…there is a 25% chance we will need an extra $4,000 for Risk B, and
…there is a 40% chance we will need an extra $5,000 for Risk C.
Using the expected monetary value technique, how much should we allocate in our project plan as a contingency?