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A community festival sells 20 , 000 raffle tickets for $ 10 each. There are 4 possible prize levels. The grand prize is a golf

A community festival sells 20 , 000 raffle tickets for $ 10 each. There are 4 possible prize levels. The grand prize is a golf cart valued at $ 6 , 000 . There are two winners of $ 1 , 000 , three winners of $ 500 , and ten winners of $ 100 . What is the expected value of a raffle ticket? Round to the nearest cent. Do not round until the final calculation

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