document.write( "Question 440530: One thousand raffle tickets are sold for $5.00 each. One grand prize of $1000 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value. \n" ); document.write( "
Algebra.Com's Answer #304294 by edjones(8007)\"\" \"About 
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1000+100+100=$1200.
\n" ); document.write( "1200/1000=$1.20 the expected value of his ticket.
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