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help is greatly appreciated. As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package

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As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package of $100,000 cash, another $100,000 to be paid in one year, and an annuity of $30,000 to be paid each year for 20 years. Use present value tables to compute the present value of the complete package, assuming an interest rate of 8 percent. (Future Volue of $. Present Value of S1. Future Value Annuity of \$1, Present Value Annuity of \$1) (Use appropriate factor(s) from the tables provided. Round "Present Value" to nearest whole dollar amount.)

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