There are 7

7 red balls and 9

9 black balls in an urn. You will draw 7

7 balls from the urn. If you draw 4

4 or less black balls, you win $45

$45. Otherwise you pay me $120

$120. (Draw without replacement.)

Step1of2:Find the expected value of the proposition. Round your answer to two decimal places. Losses must be expressed as negative values.