117000 o out of 1 points Period. 2341 60. 67-- 4.98 Using only the factors provided in this table below (do not use excel, a scientific calculator, know own. cash flow the correct factor to use) Interest is 6% per period Periods FV of $1 PV of $1 FVA of $1 PVA of $1 1 1.0600 .9434 2.0600 0.9434 2 1.1236 8900 3.1836 1.8334 3 1.1910 8396 4.3746 2.6730 4 1.2625 .7921 5.6371 3.4651 5 1.3382 .7473 6.9753 4.2124 As a result of a slowdown in operations, Cooper Stores is offering employees who have been terminated severance package of $1,220 cash paid today; $1,880 to be paid in three years; and an annuity of $740 be paid each year for 4 years. What is the present value of the package assuming an interest rate of 6 percent? D 12 20 + ( 18 80 X ( 6% 6, 2 Selected Answer: 2,409.6 Correct Answer: 5,363 + 2 10. 12