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6 125 points eBook As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package
6 125 points eBook As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $107,000 cash paid today, $107,000 to be paid in one year, and an annuity of $34,000 to be paid each year for 4 years. What is the present value of the package assuming an interest rate of 11 percent? (Future Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) Present Value Print Referenc
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