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Finding the number of possibilities

  1. Sep 4, 2013 #1
    1. The problem statement, all variables and given/known data

    A stockbroker purchases 5 different stocks. During the next month, each stock can either raise,fall or stay the same. How many different possibilities are there?

    2. Relevant equations



    3. The attempt at a solution
    For each stock, there are 3 possible choices(raise,fall,same). For each of the choices, there are 4 possible outcomes. From that, i multiplied 5*3*4*4*4=960 but it's wrong. Anyone know where i went wrong with my reasoning?
     
  2. jcsd
  3. Sep 4, 2013 #2
    nvm i found the answer lol
     
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