Solve the Problem $\mathrm { G } = \{$ Allen, Brenda, Chad, Dorothy, Eric, Frances, Gale

question 118

Multiple Choice

Solve the problem.
-Given a group of students: $\mathrm { G } = \{$ Allen, Brenda, Chad, Dorothy, Eric, Frances, Gale $\}$ , count the number of different ways of choosing 4 people for a committee. Assume no one can hold more than one office and that each person is to hold a different position on the committee.

• A) 5040
• B) 840
• C) 35
• D) 2401

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Definitions:

Disbursements

Payments made by a business, usually consisting of expenses, investments, and other financial outlays.

Lower Cash Balance Limit

The minimum amount of cash that a business aims to maintain in its cash reserves to meet emergency or operational needs.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash versus short-term investments.

Disbursements

Payments made by a business, often related to operational expenses or loan repayments.