9. A college student is reported in the newspaper as having won $14 , 000 , 000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $14 million now. Instead she will recelve $700 , 000 at the end of the year for each of the next 20 years. If the annual interest rate is 6% , what is the present value (today's amount) that she won? (ignore taxes). (Round your answer to nearest whole dollar.) g. Present value