A game is played by first paying 100 pesos. This gives the player a chance to draw 2 balls with replacement from a bag that contains 1 red, 2 black and 3 white balls. If 2 red balls are drawn, the player wins 500 pesos. If only 1 red ball is drawn, he wins 50 pesos. If none, he wins nothing. Find the expected value. 44 2 O -415