The total number of ways the prizes are awarded is 8855.
The prizes for entrants in a young inventors competition are $100, $50, $25, and $10.
Which are of total 4 types of prizes.
If there are 23 entrants in the competition the prizes can be awarded in the following ways by using Combinations.
Total number of ways = ²³C₄
= [tex]\frac{23!}{4! * (23 - 4)!}[/tex]
= 8855
The total number of ways the prizes are awarded is 8855.
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