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As a result of a slowdown in operations. Tradewind Stores is offering employees who have...

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Accounting

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As a result of a slowdown in operations. Tradewind Stores is offering employees who have been terminated a severance package of $98,000 cash paid today, $98,000 to be pald in one year, and an annuity of $31,000 to be paid each year for 4 years. Required: What is the present value of the package assuming an interest rate of 9 percent? (Future Value of S1. Present Value of S1, Euture Value Annuify of S1, Present Value Annuity of S1) Note: Use appropriate factor(s) from the tables provided. Round the finol answer to nearest whole dollar

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