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A financial advisor offers 8 mutual funds in the high risk category, 7 in the moderate risk category, and 10 in the low risk category. An investor decides to invest in 3 high risk funds, 4 moderate risk funds, and 3 low risk funds. How many ways can the investor do this? |
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Investor has to select 3 out of 8 high risk funds (=8C3 ways) and 4 out of 7 moderate risk funds (=7C4 ways) and 3 out of 10 low risk funds (=10C3 ways). |