Question

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (

a) The present value of two years back pay. The plaintiffs annual salary for the last two years would have been $32,000 and $35,000, respectively.
(b) The present value of five years future salary. You assume the salary will be $39,000 per year.
(c) $100,000 for pain and suffering.
(d) $11,000 for court costs.

Answer 1

The subject of this question is Law, and it involves a jury deciding on the award for a plaintiff in a lawsuit against the city. The plaintiff is seeking compensation for back pay, future salary, pain and suffering, and court costs. The detailed answer provides step-by-step explanations of how to calculate the present value for each element of the award.

Step-by-step explanation:

The subject of this question is Law. The question pertains to a situation where a plaintiff is suing the city for injuries sustained in a street sweeper accident. As the foreperson of the jury, you propose that the plaintiff be awarded compensation for different elements, including back pay, future salary, pain and suffering, and court costs.

To calculate the present value of two years back pay, you need to find the present value of $32,000 for one year and $35,000 for another year. To calculate the present value of five years of future salary, you need to find the present value of $39,000 for each year. For pain and suffering and court costs, the proposed amounts are $100,000 and $11,000, respectively.