I have two coins. One is fair, and has a probability of coming up heads of.5. \text {The second is bent, and has a probability o
f coming up heads of} .75The second is bent, and has a probability of coming up heads of.75. If I toss each coin once, what is the probability that at least one of the coins will come up tails?
Here's the equation for one year: 0.06(6500) + 6500 But because it is 25 years: 25(0.06(6500)) + 6500 1.5(6500) + 6500 We can make it simpler: 2.5(6500) The total amount is $16350