Business, 27.11.2019 22:31 ayoismeisjjjjuan

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 value of $1, present value of $1, 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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