Joan Lucky won the $41 million lottery. She is to receive $2.1 million a year for the next 15 years plus an additional lump-sum payment of $9.5 million after 15 years. The discount rate is 8 percent. What is the current value of her winnings? Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places. Enter your answer in dollars, not millions of dollars, e.g.. 1,234,567.) Current Value $

Joan Lucky won the $41 million lottery. She is to receive $2.1 million a year for the next 15 years plus an additional lump-sum payment of $9.5 million after 15 years. The discount rate is 8 percent. What is the current value of her winnings? Use Appendix B and Appendix D (Round "PV Factor" to 3 decimal places. Enter your answer in dollars, not millions of dollars, e.g. 1,234,567. Current Value