We are given the probability distribution of the random variable \( X \), and we need to find the value of \( A \) if the expected value \( E(X) = 2.94 \).
The expected value \( E(X) \) of a discrete random variable is given by:
\[
E(X) = \sum X_i P(X_i)
\]
Where \( X_i \) are the values of the random variable and \( P(X_i) \) are the corresponding probabilities.
Substitute the given values into the formula:
\[
E(X) = 1 \cdot \frac{1}{2} + 2 \cdot \frac{1}{5} + 4 \cdot \frac{3}{25} + 2A \cdot K + 3A \cdot \frac{1}{25} + 5A \cdot \frac{1}{25}
\]
The total probability must be equal to 1, so:
\[
\frac{1}{2} + \frac{1}{5} + \frac{3}{25} + K + \frac{1}{25} + \frac{1}{25} = 1
\]
Simplify this equation to find the value of \( K \).
Once you have \( K \), substitute it into the expected value equation and solve for \( A \). After simplifying the calculations, you will find:
\[
A = 3
\]
Thus, the correct answer is \( \boxed{3} \).