Question 5 09Sh Daloare 19.00 1.98 0 out of 1 points period aun cashflow 2391626 Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period Periods FV of $1 PV of $1 FVA of $1 PVA of $1 1 1.0600 9434 2.0600 0.9434 2 1.1236 8900 3.1836 1.8334 3 1.1910 .8396 4.3746 2.6730 1.2625 .7921 5.6371 3.4651 5 1.3382 .7473 6.9753 4.2124 As a result of a slowdown in operations, Cooper Stores is offering employees who have been terminated severance package of $1,220 cash paid today: $1,880 to be paid in three years; and an annuity of $740 to be paid each year for 4 years. What is the present value of the package assuming an interest rate of 6 percent? 4 o 1220+(1880X (6%0,2 2.409.6 Selected Answer: Correct Answer: 5,363 + 2 4840x106 0.12