There are 5 letters to choose from for the first letter, but since the code must start with M, there is only 1 choice for the first letter. There are then 4 letters to choose from for the second letter, 3 for the third letter, 2 for the fourth letter, and 1 for the fifth letter. Therefore, there are:
1 x 4 x 3 x 2 x 1 = 24
possible codes that can be made.
Out of these 24 codes, there is only 1 code that starts with M and ends with E: MAFEA. Therefore, the probability of randomly choosing a code that starts with M and ends with E is:
1/24
Answer: A. 001.