8. You are serving as foreman on a jury. The jury has already ruled in favor of the plaintiff, who is suing the city for injuries sustained in a freak street sweeper accident. During the trial, doctors testified that the plaintiff will be unable to work for 5 years. As foreman, you propose that the jury award the plaintiff an award covering the following: a. The present value of two years' back pay. The plaintiff would have earned $43,000 two years ago and $46,000 last year. b. The present value of five years' future salary. You assume the salary would have been $49,000 per year. c. $200,000 for pain and suffering. d. $25,000 for court costs. Assuming an interest rate of 7%, what is the size of the settlement? If you were the plaintiff's lawyer, would you argue for a higher or lower interest rate