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<p>A charity organization is selling $4 raffle tickets as part of a fund-raising program. The first prize is a boat valued at $3150, and the second prize is a camping tent valued at $450. The remaining 15 prizes are $25 gift certificates. The number of tickets sold is 5000. Find the expected net gain to the player for one play of the game to the nearest cent.</p> <p>«math xmlns=¨http://www.w3.org/1998/Math/MathML¨»«mi»E«/mi»«mfenced»«mi»x«/mi»«/mfenced»«mo»=«/mo»«/math» ${1:NM:=-3.21}</p>
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Tuesday, 5 November 2013, 10:15 AM
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