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If you live in a 1% AEP flood zone, you have a 50.3% chance of being flooded in a typical lifetime (70 years), and a 15.6% chance of being flooded twice in this period.

My Solution for 50.3% = 1 - exp(-70/100)

I am not quite sure about how to get 15.6%.

Will appreciate any though on that.

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