Question: please send me the correct answer The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each

please send me the correct answer

The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each and will sell 500 tickets. There is one $1,000 grand prize, three $500 second prizes, and eleven $40 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent

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