I need some help on this problem please

The Caldwell Herald newspaper reported the following story: Frank Ormsoy of Caldwell is the state's newest millionaire. By choosing the six winning numbers on last week's state lottery, Mr. Drmsby has won the week's grand prize totaling $1.1 million. The State Lottery Commission has indicated that Mr. Ormsoy will receive his prize in 20 annual installments of $55,000 each. Use Excel or a nancial calculator to solve. Round answers to the nearest dollar. Required: 1. If Mr. Drmsby can invest money at a 11% rate of return, what is the present value of his winnings