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A Box Contains One Each of $1, $5, $10, $50

Question 1

Multiple Choice

A box contains one each of $1, $5, $10, $50, and $100 bills. You reach in and withdraw one bill. What is the expected value to the nearest cent?

A) $33.40
B) $33.00
C) $33.20
D) $33.60
E) $32.80

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