Solve the Problem. -From 8 Names on a Ballot, a Committee of 5

question 5

Multiple Choice

Solve the problem.
-From 8 names on a ballot, a committee of 5 will be elected to attend a political national convention. Howmany different committees are possible?

• A)56
• B)6,720
• C)336
• D)3,360

---

Definitions:

Available-for-sale Security

Financial securities that are not classified as held-for-trading or held-to-maturity, and thus can be sold in the market.

Accounting

The systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual.

Investment

The act of allocating resources, usually capital, with the expectation of generating an income or profit.

Net Income

The profit a company generates after deducting all costs, taxes, expenses, and interest from its total revenue, representing the "bottom line" on an income statement.