Question: I need help solving this question, thanks in advance! :) You just won the TVM Lottery. You will receive $1 million today plus another 10

I need help solving this question, thanks in advance! :)

You just won the TVM Lottery. You will receive $1 million today plus another 10 annual payments that increase by $450,000 per year. Thus, in one year, you receive $1.45 million. In two years, you get $1.9 million, and so on. If the appropriate interest rate is 7 percent, what is the present value of your winnings? Year Cash flow 1,000,000 1,450,000 1,900,000 2,350,000 2,800,000 EA EA EA EA EA EA EA EA EA EA EA JONVOUAWN- O 3,250,000 3,700,000 4, 150,000 4,600,000 5,050,000 5,500,000 Discount rate 7%Complete the following analysis. Do not hard code values in your calculations. Value of all cash flows beyond today Value of all cash flows including cash flow today

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