The Caldwell Herald newspaper reported the following story Frank Ormsby of Caldwell is the state's newest millionaire. By choosing the six winning numbers on last week's site lottery, Mir. Ormsby won the week's grand prize totaling $1.28 million. The State Lottery Commission indicated that Mit. Ormsby will receive his prize in 20 annual installments of $64000 each Click here to view Exhibit 12B " and Exhibit 128.2, to determine the appropriate discount factor('s) using tables Required: 1 If Mr Offrisby can invest money at a 14% rare of return, what is the present value of his winnings? (Enter your answer in dollars and not in millions of dollars