Please explain \"Interpolating\" part!!! Where did 38.15 , 40, 10000 come from?

Question

Please explain "Interpolating" part!!! Where did 38.15 , 40, 10000 come from? What does interpolating mean?

Bob's future wealth is random. If he has no accident, his wealth will be $2,000,000. But he has a probability of 0.05 percent of having an accident, which would reduce his wealth to $1,000,000. Bob's utility of wealth is shown in the table below. The minimum premium an insurance company would charge Bob to insure his wealth would be: The maximum insurance premium Bob would pay to insure his wealth would be:

Explanation / Answer

29.The minimumpremiuman insurance company would charge Bob to insure his weath would be-c) $ 500.

30.The maximum insurance premium Bob would pay to insure his wealth would be -c)$4,625

Interpolating Mean is a calculation of the value of a function between the value already know

I M=29960/11=2723.64

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