A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?

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Question

Grade: Education Subject: mathematics
A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?
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Best Answer
(307)
This is a counting question

First stock has 3 choices
Second stock has 3 choices
Third stock has 3 choices
:
:
The sixth stock has 3 choices.

Therefore the total number of choices is
3 * 3 * 3 * 3 * 3 * 3 = 3^6 = 729

Answer 729