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Consider the following game of chance based on the spinner below: Each spin costs $4. If the spinner lands on A the player wins $9,
Consider the following game of chance based on the spinner below:
Each spin costs $4. If the spinner lands on A the player wins $9, if the spinner stops on C the player wins a nickel otherwise the player wins nothing. Calculate the players expected winnings.Express your answer to at least three decimal places in dollar form
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