1. Alphonse contributes $293 per year at the end of each year to his pension plan. Assuming he can earn 6.55 per year from his plan, what is the total value of his account at the end of 9 years? Submit your answer in dollars and round to two decimal places (Ex. $0.00).

2. You make a one-time contribution of $6,000 today to your traditional IRA earning 8.34% per year. You plan to make a full withdraw in 39 years. If you are in the 24% tax bracket then, how much will you be able to withdraw after taxes? Round your answer to two decimal places (Ex. $0.00)

3. You are offered a single spin of a wheel for $52. There is a 25% chance that you will win the grand prize of $442, a 25% chance of getting your money back, and a 50% chance of getting nothing. What is the expected payoff of the spin in dollars? Round your answer to two decimal places (Ex. $0.00) (Hint: your payoff is the winnings less your wager.)