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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 $106,000 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 $106,000 cash paid today; $106,000 to be paid in one year, and an annuity of $26,000 to be paid each year for 5 years. Required: What is the present value of the pockage assuming an interest rate of 9 percent? feuture Value of S1. Present Volue of \$1, Future Volue Annuity of St, Present Value Annuity of Sis) Note: Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar

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