On a TV Game Show, a Contestant Is Shown 8

question 65

Multiple Choice

On a TV game show, a contestant is shown 8 products from a grocery store and is asked to choose the three least-expensive items in the set, and then correctly arrange these three
Items in order of price. In how many ways can the contestant choose the three items?

• A) 6
• B) 6720
• C) 56
• D) 336

Understand the financial implications of premature settlement proposals on promissory notes and investments.

Evaluate and decide between investment options based on their simple interest yield.

Comprehend the effect of interest rate changes on the profitability of selling investments before maturity.

Calculate the maturity value of notes with given face value, interest rates, and durations.

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Definitions:

Federal Grants

Financial awards given by the federal government to state and local governments, agencies, or individuals to fund specific projects or programs.

Federal Judgeship

A position held by a judge who serves in a federal court, appointed for life under the U.S. Constitution, responsible for adjudicating matters of federal law.

Presidential Power

The authority and influence vested in the President of the United States by the Constitution, including executive orders, vetoes, and commander-in-chief responsibilities.

Anti-federalists

Individuals who opposed the creation of a strong federal government and the ratification of the Constitution in 1787, favoring stronger state governments.