You Are Voting in a State Election

question 8

Multiple Choice

You are voting in a state election. There are three candidates for governor, five candidates for lieutenant governor, four candidates for the state house of representatives, and two candidates for senator. How many different ways could you fill out the ballot if you vote once for each office?

• A)14
• B)60
• C)64
• D)120

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Definitions:

Interest Payments

Money paid by a borrower to a lender for the use of borrowed funds, typically calculated as a percentage of the principal sum.

Rate of Return

The profit or deficit accrued from an investment during a certain timeframe, depicted as a percentage of the investment's original value.

Nominal Rate

The stated interest rate of a loan or financial product, not adjusted for inflation or other factors that affect the real rate of return.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or other financial product, taking into account the effect of compounding.