4 singles 12 fives and 3 hundred dollar bills are all placed in a hat if a player is to reach into the hat and randomly choose one Bill what is the fair price to play this game round your answer to the nearest cent

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.6: Permutations And Combinations
Problem 52E
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4 singles 12 fives and 3 hundred dollar bills are all placed in a hat if a player is to reach into the hat and randomly choose one Bill what is the fair price to play this game round your answer to the nearest cent

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