Ch 11 HW 1 As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of 399.000 cash peld today, 599,000 to be paid in one year, and an annuity of $28,000 to be paid each year for 7 years 25 Doints What is the present value of the package assuming an interest rate of percent? (Euture Value of $1. Present Value of $1. Euture Value Annuity of St. Present Value Annuity of 1) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar)