You pay $20 to enter a raffle.  The first ticket drawn wins $990, the second ticket drawn wins $465, the third through fifth win $203, and the sixth through tenth win $49.  Suppose 2032 tickets were sold.  What is the expected earning on your ticket?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 10PTTS
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You pay $20 to enter a raffle.  The first ticket drawn wins $990, the second ticket drawn wins $465, the third through fifth win $203, and the sixth through tenth win $49.  Suppose 2032 tickets were sold.  What is the expected earning on your ticket?

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