Compute Probabilities Involving Permutations and Combinations
-If You Are Dealt $\frac { 108,257 } { 108,290 }$

question 4

Multiple Choice

Compute Probabilities Involving Permutations and Combinations
-If you are dealt 5 cards from a shuffled deck of 52 cards, find the probability that none of the 5 cards are picture cards.

• A) \(\frac { 108,257 } { 108,290 }\)
• B) \(\frac { 3 } { 13 }\)
• C) \(\frac { 33 } { 108,290 }\)
• D) \(\frac { 1 } { 216,580 }\)

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Definitions:

Net Present Value

A financial metric used to evaluate the profitability of an investment or project, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate cash flows sufficient to recover its initial cost.

Cash Receipts

Money received by a business during a given period, from operations, investments, and financing.

After-Tax Cash Flows

The net cash inflows and outflows of a project or investment after accounting for income taxes.