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Questions are in the photo. Thank you! Question 3 1 pts Samantha's utility is given by u(x)=In(x). Samantha has $196 in cash, and a bike

Questions are in the photo. Thank you!

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Question 3 1 pts Samantha's utility is given by u(x)=In(x). Samantha has $196 in cash, and a bike worth $300. There is a 20% probability that Samantha's bike gets stolen. Samantha can get an insurance that reimburses her the value of the bike minus $100 (deductible) in case of theft. What would be, in dollars, the actuarially fair premium for this insurance? Enter below a numerical value in dollars. Round to the second significant decimal if necessary (e.g. if your value is 99.012345, you should enter 99.01)

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