Question: ( 1 point ) A raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $ 7

(1 point) A raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $7,000.00,2 prizes of
$720.00,4 prize of $64.00, and 10 prizes of $25.00.
Suppose 14500 raffle tickets are sold, if you buy one ticket for $1.00 then what is your expected value for this raffle?
(Note: Include dollar signs in your answer)
 (1 point) A raffle is being held at a benefit concert.

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