Rita Gonzales won the $38 million Jottery She is to receive $1.1 million a year for the next 25 years plus an additional lump sum payment of $10.5 million after 25 years. The discount rate is 12 percent What is the current value of her winnings? Use Appendix B and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods (Do not round inter places.)