Answer: 1320 ways
Explanation:
In this scenario, 12 finalists are eligible for the money draw and no finalist can win more than one prize.
So for the 1st prize we have 12 finalists
For the 2nd prize we have 11 finalists
And finally, for the 3rd prize we have 10 finalists
Using the multiplication principle:
Total number of ways = 12 x 11 x 10
= 1320
Therefore, there are 1320 ways the first, second, and third prizes be awarded