29 Jessica's utility of income is represented by: U(D = V(1In) where I represents annual income. She is offered a job that has a 0.3 chance of earning $33960 and a 0.7 chance of earning $65290 a year. How much would Jessica be willing to pay to insure against the risky income? Answer: $ (DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER. ENTER YOUR RESPONSE ROUNDED TO TWO DECIMAL PLACES. AND NO SEPARATOR FOR THOUSANDS.)