Krinkles potato chips is having a Lucky Seven Sweepstakes

Last updated: 7/3/2023

Krinkles potato chips is having a Lucky Seven Sweepstakes The one grand prize is 50 000 7 second prizes each pay 5 000 77 third prizes each pay 500 and 777 fourth prizes each pay 50 What is the expectation of this contest if there are 9 million entries Round your answer to the nearest cent