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Question:

Twelve athletes participate in a race. The number of different ways that the gold, silver, and bronze medals can be awarded to these athletes is closest to:

A 1,320.
Explaination

The order in which the top three athletes finish the race is important, as it determines which medal is awarded. Therefore, we use the permutations formula.
$6569_w108_h37.png$! = 1.320