E9-18 (Algo) Using Present Value Concepts for Decision Making LO 9.7 You have just won the state lottery and have two choices for collecting your winnings. You can collect $107,500 today or receive $21,500 at the end of each year for the next seven years. A financial analyst has told you that you can earn 10 percent on your investments. Required: 1. Calculate the present value of both the options (EV of $1. PV of $1. EVA of $1, and PVA of $1) Note: Use appropriate factor(s) from the tables provided. 2. Which alternative should you select? Complete this question by entering your answers in the tabs below. Calculate the present value of both the options: Note: Round your answers to nearest whole dollar. Future Value of $1 Future Value of $1 Fulure Value of 51 Future Value of $1 Present Value of $1 Future Value of Annuity of \$1 Fisure Value of Annuaty of 51 Present Vake of Annity of $1 Present Value of Annuity of 51 Present Value of Annulty of $1