A raffle has a grand prize of a Alaskan cruise valued at $15000 with a second prize of a weekend in San Diego valued at $700. If each ticket costs $2 and 11600 tickets are sold, what are the expected winnings far a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents). Answer: $_____

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
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 A raffle has a grand prize of a Alaskan cruise
valued at $15000 with a second prize of a weekend in San Diego
valued at $700. If each ticket costs $2 and 11600 tickets are sold,
what are the expected winnings far a ticket buyer? Express to
at least three decimal place accuracy in dollar form (as opposed to cents).
Answer: $_____

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