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A raffle sells 300 tickets for $2 each. The grand prize winner will receive a quarter of the total income from ticket sales, and five
A raffle sells 300 tickets for $2 each. The grand prize winner will receive a quarter of the total income from ticket sales, and five second prize winners will each receive $20. What is the expected value in dollars, including the cost of the ticket, of playing this raffle? Enter your answer as a whole number or decimal (no fractions).
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