A raffle has a grand prize of a Alaskan cruise valued at $15000 with a second prize of a weekend in San Diego valued at $700. If each ticket costs $2 and 11600 tickets are sold, what are the expected winnings far a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents). Answer: $_____

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
Chapter7: Applying Fractions
Section7.5: Percents
Problem 39WE
Question
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 A raffle has a grand prize of a Alaskan cruise
valued at $15000 with a second prize of a weekend in San Diego
valued at $700. If each ticket costs $2 and 11600 tickets are sold,
what are the expected winnings far a ticket buyer? Express to
at least three decimal place accuracy in dollar form (as opposed to cents).
Answer: $_____

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