Gabrielle just won

$$$$2\mathrm{.}22\mathrm{.}2$

million in the state lottery. She is given the option of receiving a of

$$$$1$ comma $400$ comma $0001,400,000$

$$now$,$ or she can elect to receive

$$$$110$ comma $000110,000$

at the end of each of the next

$2020$

years. If Gabrielle can earn

$55\%$

annually on her$$ investments, which option should she$$ take?

Question content area bottom

Part $1$

If Gabrielle takes the prize as an$$ annuity, the present value of the

$2020-$year

ordinary annuity is

$$$$13708431370843.$

$($Round to the nearest$$ dollar.$)$

Part $2$

If Gabrielle takes the prize as a single$$ amount, the present value of the lump sum is

$$$enter your response here.

$($Round to the nearest$$ dollar.$)$