contestada

Companies whose stocks are listed on the NASDAQ stock exchange have their company name represented by either four or five letters (repetition of letters is allowed). What is the maximum number of companies that can be listed on the NASDAQ?

Respuesta :

jepessoa

Answer:

12,338,352 companies

Explanation:

If the companies' names can have either 4 or 5 letters, and teh letters can repeat themselves, then the total number of companies that can be listed on NASDAQ is:

4 letter names = 26 x 26 x 26 x 26 = 26⁴ = 456,976

5 letter names = 26 x 26 x 26 x 26 x 26 = 26⁵ = 11,881,376‬

total number of companies listed = 456,976 + 11,881,376‬ = 12,338,352

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE

Otras preguntas