Question

What is the maximum amount of potential payment, including attorney fees?

Answer 1

The maximum amount of potential payment, including attorney fees, can be calculated based on the given information.

Step-by-step explanation:

The maximum amount of potential payment, including attorney fees, can be calculated based on the given information as follows:

1. For an amount up to $12,950, the potential payment is $7,500.
2. For an amount between $12,951 and $49,400, the potential payment is $7,500 plus 25% of the amount over $50,000.
3. For an amount between $49,401 and $127,550, the potential payment is $13,750 plus 34% of the amount over $75,000.
4. For an amount between $127,551 and $206,600, the potential payment is $22,250 plus 39% of the amount over $100,000.
5. For an amount between $206,601 and $405,100, the potential payment is $113,900 plus 34% of the amount over $335,000.
6. For an amount between $405,101 and $432,200, the potential payment is $3,400,000 plus 35% of the amount over $10,000,000.
7. For an amount of $432,201 or more, the potential payment is $5,150,000 plus 38% of the amount over $15,000,000.