Tickets for a raffle cost $ $14. There were 681 tickets sold. One ticket will be randomly selected as the winner, and that person wins $ $1300 and also the person is given back the cost of the ticket. For someone who buys a ticket, what is the Expected Value (the mean of the distribution)

answer by yourhope:

hi! : )

a farmer that lived in ancient egypt would most likely be barried in the sand, in the desert!

: )

is there a question here?

step-by-step explanation:

a. (14,375+570)(5.3) b. 158,417$

step-by-step explanation:

a. you are basically just setting up the equation. f= amount of debt hence 14,375. g= how much she is borrowing from her parents weekly hence 570 and t= the interest on her debt. creating the equation.

b.   14,375+570= 14,945

      14,945 x 5.3 = 79,208.5

      79,208.5 x 2(years) = 158,417(answer)