A financial advisor has recommended three high-risk high-yield investments and four low-risk low-yield investments to one of her clients. In how many ways can the client select one of each
Type of investment for his portfolio?
A)7
B)12
C)64
D)81

Question

Quizplus · Accepted Answer

The client can select one high-risk high-yield investment in 3 ways and one low-risk low-yield investment in 4 ways. Therefore, the total number of ways to select one of each type is 3 * 4 = 12 ways.

A Financial Advisor Has Recommended Three High-Risk High-Yield Investments and Four