Step-by-step explanation:
Total numbers of pizza toppings = 12
Number of three topping pizzas can be ordered are:

where = n = number of elements
k = number of elements choosen
n= 12 , k = 3

We calculated the number of permutations. We made this choice because in permutation order of element matters but in combination its not.
Isolate the VARIABLE by dividing each side by FACTROS that don't contain the VARIABLE .
YOUR answer is <span>x<12
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Data:
<span>Number of shares: 500
name of fund
nav offer price
hat mid-cap $18.94 $19.14
Profit $6,250.
1) Investment = number of shares * offer price = <em />500 * $ 19.14 = $ 9570
2) Total net value = profit + investment = $6250 + $9570 = $15820
3) NAV = total net value / number of shares = $15820 / 500 = $31.64
Answer: option c: 31.64
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