My teacher posted the answer to a comprehensive question, but I do not understand the work being done here. Can someone explain how she is getting the PV for the 40 periods at 5.5% and the PVA in 40 periods at 5.5%? I tried using my TI-84 TVM Solver app but I'm in over my head here...

On June 1,2021,A&W Corporation (the restaurant) issued $46,000,000 of 20 -year, 10% bonds at a market rate of 11%. Interest on the bonds is payable semiannually on Nov. 30th and May 31st. A\&W's fiscal year is a calendar year. 1. What were the cash proceeds A\&W received from the issuance of the bonds on June 1 , 2021? PV in 40 periods at 5.5%=.11746 46M.11746=5,403,160 PVA in 40 periods at 5.5%=16.04612 Interest =46,000,0005%=2,300,000 2,300,00016.04612=36,906,076 Total value now =42,309,236