Use the following to answer question: 
-(Table: Income and Utility for Tyler) Use Table: Income and Utility for Tyler.The table shows the utility Tyler receives at various income levels,but she does not know what her income will be next year.There is a 40% chance her income will be $20,000,a 40% chance her income will be $30,000,and a 20% chance her income will be $40,000.What is the maximum amount of insurance Tyler would be willing to pay to guarantee an income of $28,000?
Definitions:
Organic Chemistry
The branch of chemistry that studies the structure, properties, and reactions of organic compounds containing carbon atoms.
Dimethyl Ether
A compound formed by two methyl groups attached to an oxygen atom, used as an aerosol propellant and a potential clean-burning fuel.
Methanol
A light, volatile, colorless liquid alcohol used as an antifreeze, solvent, fuel, and as a precursor for various chemicals.
Major Organic Product
The primary product of a chemical reaction involving organic compounds that is formed in the largest amount.
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