As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $93,000 cash paid today; $93,000 to be paid in one year; and an annuity of $34,000 to be paid each year for 9 years. What is the present value of the package assuming an interest rate of 11 percent?( Round the final answer to nearest whole dollar.)

As a result of a slowdown In operatlons, Tradewind Stores is offering employees who have been teminated a severance package of $93,000 cash pald today; $93,000 to be pald in one year; and an annuity of $34,000 to be pald each year for 9 years. What is the present value of the package assuming an interest rate of 11 peroent? (Euture Value of S1, Present Value of S1, 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.) ent Value As a result of a slowdown In operatlons, Tradewind Stores is offering employees who have been teminated a severance package of $93,000 cash pald today; $93,000 to be pald in one year; and an annuity of $34,000 to be pald each year for 9 years. What is the present value of the package assuming an interest rate of 11 peroent? (Euture Value of S1, Present Value of S1, 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.) ent Value