An investor would like to invest $60,000 in 2 stocks from a list of 6 suggested by a broker. How many investments of $30,000 each are possible?
Answer:
Total 15 ways are possible to select two investments of $30,000 each.
Step-by-step explanation:
An investor would like to invest $60,000 in 2 stocks from a list of 6.
Amount of each investments is $30,000.
If we need to select r its from n items, then
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We have to select 2 stocks from 6.
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Therefore, total 15 ways are possible to select two investments of $30,000 each.