y versus a single amount Personal Finance Problem Assume that you just won the state lottery. Your prize can be take om 25.000 at the end of each of the next 20 years that is $500,000 over 20 years) or as a single amount of $213,000 paid ly on your investments over the next 20 years, ignoring taxes and other considerations, which alternative you need to compare the values of these alternatives. Although the total nominal dollar amount of the home is not necessarily a better choice due to the different timing of cash flows. A way to vesister present values Value of an annuity versus a single amount Personal Finance Problem Assume that you just won the state lottery. Your prize can be tak the form of 25.000 at the end of each of the next 20 years (that is. $500,000 over 20 years) or as a single amount of $213,000 paid you exped beam caly on your investments over the next 20 years, ignoring taxes and other considerations, which alternative who you? Why on the weative is to compare their present values yerly, the presentatie of the 20-year ordinary annuity is $(Round to the nearest cent)