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1 As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $107.000 cash paid

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1 As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $107.000 cash paid today, $107000 to be paid in one year and an annuity of $26,000 to be paid each year for 8 years 25 What is the present value of the package assuming an interest rate of 10 percent? (Euture Value of $1. Present Value of Si. Future Value Annuity of S1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar) Answer is complete but not entirely correct. Present Value 1.218.134

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