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:  Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...): Be the first to comment! To solve this verbal math problem are needed these knowledge from mathematics:

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