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A gambler is trying to determine whether or not to make a bet. If he bets and wins, he will profit $2000. If he bets

A gambler is trying to determine whether or not to make a bet. If he bets and wins, he will profit $2000. If he bets and loses, he has to pay $300. The probability that he wins the bet is 15%. Find the gambler's expected value if he makes the bet.

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