Rita Gonzales won the $80 million lottery. She is to receive $2.4 million a year for the next 30 years plus an additional lump sum payment of $8 million after 30 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 intermediate calculations. Round your final answer to 2 decimal places.)

1012334445556666677777888 797 701 879 59 45 95 4 3 6 6 2 2 1 5 4 7 295 1481 10-2. 3 3 4 4 5 5 6 6 6 7 7 7 7 8 8 8 89999 1 012334555667778888899000 770 99753 80-2. 3 3 4 5 5 6 6 7 7 7 8 8 8 9 9 9 9 0 1 1 '1 5 4 1 2 3 4 4 5 5 6 7 7 7 8 8 9 9 9 0 0 0 1 2 3 3 3527 2 1477 60-2. 3 4 4 5 6 6 7 7 8 8 99000112355 7 5012345567788990011224578 2 173 40 1. 2 3 4 5 6 6 7 8 8 9 . 0 1 1 2 2 3 3 5 791 2 30-2. 3 4 5 6 7 7 8 9 9 0 1 1 2 33447935 5 8 .7 6 4 3 1975 6 7 8 8 9 0 1 2 3 18529635334 012345 2344569 271 2 4321 -0. 1 2 3 4 5 6 7 8 9 0 1 2 3 34567825 32 39 1234567890123456789