Solve the Problem. -How Many Different Three-Number ʺCombinationsʺ Are Possible on a Combination

question 184

Multiple Choice

Solve the problem.
-How many different three-number ʺcombinationsʺ are possible on a combination lock having 23 numbers on its dial without repeating a number?

• A) 20,240
• B) 5313
• C) 10,120
• D) 10,626

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Definitions:

Net Present Value

A financial metric that calculates the present value of all cash inflows and outflows of a project or investment using a discount rate.

Market Value

The cost existing in the marketplace for trading an asset or service.

Rights Offering

A financial mechanism allowing current shareholders the opportunity to purchase additional shares directly from the company at a predetermined price, often at a discount to the market price.

Initial Public Offering

An Initial Public Offering (IPO) is the first sale of a company's shares to the public, marking a transition from a private to a publicly traded company.