Solve the Problem. -Suppose There Are 8 Roads Connecting Town a to Town

question 74

Multiple Choice

Solve the problem.
-Suppose there are 8 roads connecting town A to town B and 6 roads connecting town B to town C. In how many ways can a person travel from A to C via B?

• A)14 ways
• B)36 ways
• C)48 ways
• D)64 ways

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Definitions:

Municipal Bond

A municipal bond is a debt security issued by a city, municipality, or county to finance its capital expenditures.

Corporate Bond

A debt security issued by a corporation to raise capital, promising to pay back the borrowed money plus interest at specified future dates.

Ask Price

The lowest price a seller is willing to accept for an asset in a financial market.

Bid Price

The price at which a buyer is willing to purchase a security or commodity.