Suppose that from a standard deck, you draw three cards without replacement. What is the expected number of kings that you will
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Answer: The price of each gift is $5.
Step-by-step explanation:
Since we have given that
Amount = $300
Divided into equally among 5 fourth grade teachers.
so, Amount each fourth grade teacher would be
Since Number of hits that need to buy = 12
Each cost the same amount.
So, Price of each gift would be
Hence, the price of each gift is $5.