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A raffle offers a first prize of $500 and 3 second prizes of $80 each. One ticket costs $3, and 400 tickets are sold. Find

A raffle offers a first prize of $500 and 3 second prizes of $80 each. One ticket costs $3, and 400 tickets are sold. Find the expected payback for a person who buys 1 ticket. Is this a fair game? The expected payback for a person who buys 1 ticket is $ (Round to two decimal places as needed.)

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