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Find the cash value of the lottery jackpots given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rates.

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Find the cash value of the lottery jackpots given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rates. Jackpot Amount Interest Rate Equal Annual Payments Present Value (in dollars) $14,000,000 6% 20 $ $14,000,000 12% 20 $14,000,000 6% 25 $ $14,000,000 12% 25 (Round to the nearest dollar as needed.)

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