Problem:
In how many ways can an investor select three mutual funds for his investment portfolio from a recommended list of eight mutual funds?
a. P (8, 3) = 46
b. C (8, 3) = 104
c. P (8, 3) = 66
d. C (8, 3) = 56
Additional Information:
This question is from Mathematics as well as it is about choosing three mutual funds out of eight mutual funds for investment.