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Game Show Riddle

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The Task:
Solve the following problem in ESSAY form. The essay should answer the following questions:
1- How did you get your answer?
2- What steps did you take?
3- Where did you begin? Why did you do what you did? and
4- Explain in detail the answer to the problem?

The Problem:
What is the maximum amount of money a person can make in ONE game of the classic game show Jeopardy? What is the most they can lose as well?

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Solution Summary

The solution determines the maximum amount of money a person can make in one game of the classic game show Jeopardy.

Solution Preview

See the attached file.
I've included my answers and thinking process. You should be able to use this information to write your essay.

I went to answers.com and read about the show Jeopardy. There are two rounds in each game. The current values for the clues are:

round 1: $200, $400, $600, $800, $1000 (6 categories; 1 daily double)
round 2: $400, $800, $1200, $1600, $2000 (6 categories; 2 daily doubles)

(1) What is the maximum amount of money a person can make in ONE game of the classic game show Jeopardy?

Let's see what would happen in each round.

Let's say that you answered all ...

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