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Global Stores Is downsizing and must let some employees go. Employees volunteering to leave are being offered a severance package of $125,000 cash, andother $135,000
Global Stores Is downsizing and must let some employees go. Employees volunteering to leave are being offered a severance package of $125,000 cash, andother $135,000 10 be pald in one year, and an annuty of $34,500 to be pald each year for four years with the first payment coming at e end of this vear, FV of $1, PV of$1, FVA of $1, and PVA of $1) (Use the appropriate factonis) from the tables provided, Round vour answer t nearest whole dollar.) annual Interest rate of 7% What is the present value of the total severance package, assuming Present value Global Stores Is downsizing and must let some employees go. Employees volunteering to leave are being offered a severance package of $125,000 cash, andother $135,000 10 be pald in one year, and an annuty of $34,500 to be pald each year for four years with the first payment coming at e end of this vear, FV of $1, PV of$1, FVA of $1, and PVA of $1) (Use the appropriate factonis) from the tables provided, Round vour answer t nearest whole dollar.) annual Interest rate of 7% What is the present value of the total severance package, assuming Present value
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