collecting your winnings. You can collect $107,000 today or receive $20,500 at the end of each year for the next seven years A financial analyst has told you that you can earn 6 % on your investments You have Just won the state lottery and have two choices t 1. Calculate the present value of both the options (EV or $1. PV of $1 EVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers nearest whole dollar.) Present Value Oplion 1 Option 2 2. Which alternative should you select