Cannon wants to put as much as he can into a retirement account as soon as he starts working. he deposits $25,000 at then end of each year for 5 years in an account paying 6% interest compounded annually. how much will he have in the account at the start of the 6th year?

$140,927.34

Step-by-step explanation:

0.16 or 16%

step-by-step explanation:

lets take a coin for example.

if you toss it twice, it has a 1/4 chance of landing on heads both times because 1/2 * 1/2 is 1/4.

with the cards, the chance of picking dog is 0.4. having two people pick one is like picking a card twice in a row. so 0.4 * 0.4 is 0.16, or 16%