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3. You are the owner of World of Woolcraft, a small business with 5 employees that produces custom wool sweaters. You would like to provide bonuses to your top two employees, $1000 for your top employee and $500 for your 2nd best employee. How many different ways can the bonuses be awarded? O 12 10 129 20

3. You are the owner of World of Woolcraft, a small business with 5 employees that produces custom wool sweaters. You would like to provide bonuses to your top two employees, $1000 for your top employee and $500 for your 2nd best employee. How many different ways can the bonuses be awarded? O 12 10 129 20

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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**Question 3** You are the owner of World of Woolcraft, a small business with 5 employees that produces custom wool sweaters. You would like to provide bonuses to your top two employees: $1000 for your top employee and $500 for your 2nd best employee. How many different ways can the bonuses be awarded? Options: - ☐ 12 - ☐ 10 - ☐ 129 - ☐ 20
Transcribed Image Text:**Question 3** You are the owner of World of Woolcraft, a small business with 5 employees that produces custom wool sweaters. You would like to provide bonuses to your top two employees: $1000 for your top employee and $500 for your 2nd best employee. How many different ways can the bonuses be awarded? Options: - ☐ 12 - ☐ 10 - ☐ 129 - ☐ 20
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Step 1

This is a problem based on combinations of numbers.

Given, 

5 employees are there and we need to choose 2  employees to give bonuses.

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