Exhibit 2-8

question 68

Multiple Choice

Exhibit 2-8.Consider the following frequency distribution. Refer to Exhibit 2-8.How many observations are at least 15 but less than 18?

• A)3
• B)4
• C)5

---

Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Average Rate

A term often used in finance to denote the mean of various rates of interest or exchange rates over a given period.

Capital Investment

Funds invested in a business by the owners or partners for long-term growth and financial stability.

Net Cash Flow

The amount of cash generated or used by a business in a given period, considering cash inflows and outflows from operating, investing, and financing activities.