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Mathematics, 28.02.2020 19:39 kodyclancy

A raffle has a grand prize of a Caribbean cruise valued at $14500 with a second prize of a Las Vegas getaway valued at $1500. If each ticket costs $3 and 8000 tickets are sold, what are the expected winnings for a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents).

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A raffle has a grand prize of a Caribbean cruise valued at $14500 with a second prize of a Las Vegas...
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