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A raffle sells 100 tickets for $5 each.The following prizes are given away: 1 $50 gift card, 2 $10 gift cards Keeping in mind the
A raffle sells 100 tickets for $5 each.The following prizes are given away:
1 $50 gift card, 2 $10 gift cards
Keeping in mind the price of the ticket, what is the expected value of each ticket?Be sure to include the sign of your answer, as appropriate.Answer in dollars (no dollar symbol) and round to the nearest penny if necessary.
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