Question: A sports event awards medals to the top 3 finishers. If there are 12 participants, how many different ways can the medals be awarded?
Options:
Correct Answer: 1320
Solution:
The number of ways to award medals is calculated using permutations: P(12, 3) = 12! / (12-3)! = 12 * 11 * 10 = 1320.