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Given an individual with initial wealth of $10,000 and utility function u(W)=1e0.0001W, find the probability p so that the individual is indifferent between (a) receiving

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Given an individual with initial wealth of $10,000 and utility function u(W)=1e0.0001W, find the probability p so that the individual is indifferent between (a) receiving an additional $20,000 for certain and (b) entering a lottery with chance p of $30,000 and (1p) of $10,000. There is no cost to the individual for choosing either alternative (a) or (b)

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