SOLUTION: in how many ways can an investor select four mutual funds for his investment portfolio from a recommended list of eight mutual funds?

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Question 1110775: in how many ways can an investor select four mutual funds for his investment portfolio from a recommended list of eight mutual funds?
Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.
In  8*7*6*5 ways,  if the order is important.        (PERMUTATIONS)


In   ways,  if the order is not important.    (COMBINATIONS).


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On Combinations and Permutations see the lessons
    - Introduction to Permutations
    - PROOF of the formula on the number of Permutations
    - Problems on Permutations
    - Introduction to Combinations
    - PROOF of the formula on the number of Combinations
    - Problems on Combinations
    - OVERVIEW of lessons on Permutations and Combinations
in this site.

Also,  you have this free of charge online textbook in ALGEBRA-II in this site
    - ALGEBRA-II - YOUR ONLINE TEXTBOOK.

The referred lessons are the part of this online textbook under the topic  "Combinatorics: Combinations and permutations".


Save the link to this textbook together with its description

Free of charge online textbook in ALGEBRA-II
https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson

into your archive and use when it is needed.


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