Assuming the Twins Are Identical and Cannot Be Told Apart

question 11

Short Answer

Assuming the twins are identical and cannot be told apart, how many distinguishable photographs can be taken of a family of 4, if they stand in a single row and there is one set of twins?

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Definitions:

Net Cash Flows

The difference between a company's cash inflows and cash outflows over a specific period.

Average Rate of Return Method

A technique used in capital budgeting to estimate the profitability of potential investments.

Consideration

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Time Value

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.