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A college student is reported in the newspaper as having won $12,000,000 in the Kansas State Lottery. However, as is often the custom with lotteries,

A college student is reported in the newspaper as having won $12,000,000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $12 million now. Instead she will receive $600,000 at the end of the year for each of the next 20 years. If the annual interest rate is 7%, what is the present value (todays amount) that she won? (ignore taxes).

(Round your answer to the nearest whole dollar)

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