# Insurance

The owner of the house is insured against natural disasters and pays 0.04% annually of the value of house 77 Eur.

Calculate the value of the house.

Calculate the probability of disaster, if you know that 48% of the insurance is to pay damages.

Result

value of the house:  192500
probability of disaster:  0.019 %

#### Solution:

$v = 77 \cdot \dfrac{ 100}{ 0.04} = 192500 \ \text{Eur}$
$p = 0.04\% \cdot \dfrac{ 48}{100} = 0.019 \%$

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