Ich verpacke das Paket jetzt.

Verpacken is a German verb meaning “to package” or “to wrap.” It belongs to the group of inseparable-prefix verbs (the ver‑ prefix never detaches). In the sentence Ich verpacke das Paket jetzt, verpacke is simply the ich‑form in the present tense:

• ich + verpacke = I am packing / I pack

Both can mean “to pack” or “to wrap,” but:

• verpacken (inseparable) is a bit more formal and often used in logistics or shipping contexts (“to package for transport”).
• einpacken (separable: ich packe ... ein) is more colloquial and used for everyday contexts (“to pack a suitcase,” “to wrap a gift”).
  Example:
• Ich verpacke die Ware. (I’m packaging the goods.)
• Ich packe das Geschenk ein. (I’m wrapping the gift.)

German follows the “Verb‑Second” (V2) rule in main clauses. That means the finite (conjugated) verb must occupy the second position. The first slot can be the subject, an adverb, or another element:

1. Ich (subject)
2. verpacke (conjugated verb)
3. das Paket (object)
4. jetzt (time adverb)

In a neutral statement with subject + verb + object, time expressions often follow the object. If you want to emphasize jetzt, you can move it to the front, which shifts the subject to the third position:

• Jetzt verpacke ich das Paket. (Now I’m packing the package.)

German commonly uses the Perfekt for spoken past:

• Ich habe das Paket jetzt verpackt.
  Note that with inseparable-prefix verbs like verpacken, the past participle has no ge‑ prefix; it’s simply verpackt.