Question: Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate 7 Rita

Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate 7 Rita Gonzales won the $40 million lottery. She is to receive 51.4 million a year for the next 20 years plus an additional lump sum payment of $12 million after 20 years. The discount rate is 11 percent. What is the current value of her winnings? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Present value 12.64

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