Please answer all questions or don't answer at all..

26. Kurt won a lottery and will receive $1,000 a year for the next 50 years. The value of his winnings today discounted at his discount rate is called which one of the following? A Single amount B Future value C Present value D. Simple amount E Compounded value 27. Terry is calculating the present value of a bonus he will receive next year. The process he is using is called A. Growth analysis. B Discounting Accumulating D. Compounding Reducing C. E 28. Steve just computed the present value of a $10,000 bonus he will receive in the future. The interest rate he used in this process is referred to as which one of the following? A Current yield. B Effective rate c Compound rate D. Simple rate. E. Discount rate 29. The process of determining the present value of future cash flows in order to know their worth today is referred to as: A Compound interest valuation B Interest on interest computation. C. Discounted cash flow valuation D. Present value interest factoring, E Complex factoring 30. Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000 this moming into an account that pays 5 percent interest, compounded annually. Andy will withdraw his interest earnings and spend it as soon as possible. Barb will reinvest her interest earnings into her account. Given this, which one of the following statements is true? A. Barb will earn more interest the first year than Andy will. B. Andy will earn more interest in year three than Barb will C Barb will earn more interest the second year than Andy D. After five years, Andy and Barb will both have earned the same amount of interest. E. Andy will earn compound interest. Page 4 of 6