čommunity youth group having a raffle to raise funds. Several community businesses have donated prizes. The prizes and their retail value are listed in the table below. Each prize will be given away, regardless of the number of raffle tickets sold. Tickets are sold for $15 each. Determine the expected value of a ticket, and discuss whether it would be to your financial advantage to buy a ticket under the given circumstances. (Round your answer to the nearest cent.) Number of These Prizes to Be Given Away Prize Retail Value new car $21,580 a cell phone and a one- year subscription $940 1 a one-year subscription to an Internet service provider $500 2. dinner for two at $100 2. Spiedini's restaurant $180 a one-year subscription to the local newspaper. 20

Q: Amanda‘s parents invested $10,000 into a savings account for her college fund when she was born. The…

A:

Q: Smoking-related illness in the United States costs more than $300 billion each year. In 2017, the…

A: We can answer it as below

Q: Earnings per share Closing price per share Price-earnings ratio Company American Express %24 2.35 26

A: Proper statistical analysis on share market gives the proper understanding of the trends on share…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: The cost of the hat is $28.75The markup amount is $30.00

Q: Find the new price for the markup given. Round to the nearest cent if necessary. $4.00 marked up 87%

A: First calculate 87% of $4.00:

Q: Assume you have a home that would cost $265,000 to replace. You currently have the home insured for…

A: Insurance is sharing of risk of damage with insurance company by payment of small premium.

Q: Maddie has a yearly income of $75,600. Her mortgage payment each month is $1,300. She also has a car…

A: It is a simple ratio and percentage related problem. I used the formula for calculating DTI to solve…

Q: Actually use drugs 11 Do not use drugs Total Test "positive" Test "negative" 2 13 4 370 374 Total 15…

A:

Q: an item with a regular retail price of $130.00 that is marked down 30% for a sale would have a sale…

A: Original retail price of an item is R=$130.00 Discount for the sale is 30%.

Q: $400 at 2% for 6 years Group of answer choices Interest = $48.00 Interest = $4.80 Interest = $33.33…

A:

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: Given  Original selling price =266.95 markdown % =30% The relation for finding the blanks is as…

Q: Maddie has a yearly income of $75,600. Her mortgage payment each month is $1,300. She also has a car…

A: The DTI is calculated by dividing the total monthly payments by the gross monthly income  the yearly…

Q: Estimation is useful for tipping when you’re dining out, too. If the service is good, 20% of the…

A:

Q: Find the amount at the end of the specified time.  P = $30,000, r = 4%, t = 6 years, m = 4

A: The compounded amount is given by A=P1+rmmt where P is the principle, r is the rate of interest, m…

Q: he cost to a retailers of a backpack used. An emergency situations is $286. The retailer use a mark…

A: Given that the cost to a retailers of a backpack used. An emergency situations is $286. The retailer…

Q: A cable TV bill of $120 is shared between two house-mates, Morgan and Ashley in the 1 Calculate the…

A:

Statements and Logic

Logic is the analysis of general patterns of thoughts without regard to any specific sense of context.