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(1 point) A raffie has a grand prize of a European cruise valued at $7000 with a second prize of a Rocky Point vacation valued

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(1 point) A raffie has a grand prize of a European cruise valued at $7000 with a second prize of a Rocky Point vacation valued at $1500. If each ticket costs $4 and 9800 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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