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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 $99,000 cash paid today;

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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 $99,000 cash paid today; $99,000 to be paid in one year, and an annuity of $34,000 to be paid each year for 6 years. Required: What is the present value of the package assuming an interest rate of 10 percent? (Future Value of $1, Present Value of $1, Euture Votue Annuity of S1. Present Value Annulty of \$1.) Note: Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar

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