A charity holds a raffle in which each ticket is sold for $40. A total of 10600 tickets are sold. They raffle one grand prize which is a Lexus GS valued at $55000 along with 5 second prizes of Ducati motorcycles valued at $13000 each. What are the expected winnings for a place accuracy in dollar form (as opposed to cents). Answer: $ -13.688 single ticket buyer? Express to at least three decimal

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.5: Translating Sentences Into Equations
Problem 30WE
Question
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
A charity holds a raffle in which each ticket is sold for $40. A total of 10600 tickets are sold. They raffle one grand prize which is a Lexus GS valued at $55000 along
with 5 second prizes of Ducati motorcycles valued at $13000 each. What are the expected winnings for a
place accuracy in dollar form (as opposed to cents).
Answer: $ -13.688
single ticket buyer? Express to at least three decimal
Transcribed Image Text:A charity holds a raffle in which each ticket is sold for $40. A total of 10600 tickets are sold. They raffle one grand prize which is a Lexus GS valued at $55000 along with 5 second prizes of Ducati motorcycles valued at $13000 each. What are the expected winnings for a place accuracy in dollar form (as opposed to cents). Answer: $ -13.688 single ticket buyer? Express to at least three decimal
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