A Box Contains One Each of $2, $8, $40, $65

question 12

Short Answer

A box contains one each of $2, $8, $40, $65, and $100 bills. You reach in and withdraw one bill. What is the expected value? Please round your answer to the nearest dollar.
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$__________

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Definitions:

Loyalty

A strong feeling of support or allegiance towards someone or something.

Personally Profit

Gaining financial or material benefit for oneself from a situation or activity, often at the expense of ethics or other obligations.

Partnership Transaction

A business operation or deal undertaken by a partnership that is in line with the objectives and interests of the business.

Good Faith

Acting with honest intentions without seeking to take unfair advantage of another.