How Many Different License Plates Can Be Made If Each

question 4

Essay

How many different license plates can be made if each license plate consists of three letters followed by three digits or four letters followed by two digits?

---

Definitions:

Partial Balance Sheet

A financial statement that shows a portion of a company’s assets, liabilities, and equity at a specific point in time, rather than the complete picture.

Current Assets

Assets that are expected to be converted into cash within one year or within the operating cycle of the business, whichever is longer.

Assets Due

Assets or receivables that are scheduled to be received or settled at a future date.

Maturity Value

The amount that will be payable to the holder of a financial instrument at its maturity date, including principal and interest.