Ron should receive $7.98. Jerry and Steve each worked for 4 hours, while Ron was one hour late, so he worked for 3 hours. Together, they worked for 4*2+3=11 hours, receiving $29.25 in total. Each hour should be paid 29.25/11=2.66 dollars. Ron worked for three hours, so he should receive 3*2.66=7.98 dollars.