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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 $101,000 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 $101,000 cash paid today, $101,000 to be paid in one year; and an annuity of $29,000 to be paid each year for 4 years. Required: What is the present value of the package assuming an interest rate of 11 percent? Future Value of \$1, Present Value of S1. Euture Volus Annulty of $1. Present Volue Annuty of \$1.) Note: Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar

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