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A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 15000 tickets are sold at 75 cents each, find the expected winnings for a person buying 1 ticket. What are the expected winnings? cents (Round your answer to the nearest whole cent.) D

A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 15000 tickets are sold at 75 cents each, find the expected winnings for a person buying 1 ticket. What are the expected winnings? cents (Round your answer to the nearest whole cent.) D

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter26: Customary (english) Units Of Measure
Section: Chapter Questions
Problem 16A: Pieces each 3.25 inches long are to be cut from lengths of bar stock. Allowing010 inch for cutoff...
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8.5 Q9) Hey! Need help solving this question, it states to round to the nearest whole cent. Thank you!
K A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 15000 tickets are sold at 75 cents each, find the expected winnings for a person buying 1 ticket. What are the expected winnings? cents (Round your answer to the nearest whole cent.) ~
Transcribed Image Text:K A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 15000 tickets are sold at 75 cents each, find the expected winnings for a person buying 1 ticket. What are the expected winnings? cents (Round your answer to the nearest whole cent.) ~
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