PLEASE HELP DUE IN 30 MIN!!!
You are serving on a jury. A plaintiff is suing the cily for injuries sustained after a freak streef sweeper accident: In the triat, doctors testified that it will be five years before the plaintit is able to refuatn to work. The jury has already decided in fovor of the phatintit: You are the foreperson of the Jury and propose that the Jury ofve the plalitiff an award to cover the fotlowing (0) The present value of two years' back pay The plaintifts annual salary for the last two years would have been $4000 and $50000. respectlively. (b) The present value of five years' future salary. You assume the satory wa be $53,000 per yeac. (c) $150.000 tor pain and sutfering (d) $20,000 for court costs Assume the salary payments are equal amounts paid at the end of each month. If the interest rate you choose is an EAR of 9 percent, whiat is the sixe of the seltiement? Note: Do not round intermediate colculotions and round your onswer to 2 decimal places, e.9.32:16. You are serving on a jury. A plaintiff is suing the cily for injuries sustained after a freak streef sweeper accident: In the triat, doctors testified that it will be five years before the plaintit is able to refuatn to work. The jury has already decided in fovor of the phatintit: You are the foreperson of the Jury and propose that the Jury ofve the plalitiff an award to cover the fotlowing (0) The present value of two years' back pay The plaintifts annual salary for the last two years would have been $4000 and $50000. respectlively. (b) The present value of five years' future salary. You assume the satory wa be $53,000 per yeac. (c) $150.000 tor pain and sutfering (d) $20,000 for court costs Assume the salary payments are equal amounts paid at the end of each month. If the interest rate you choose is an EAR of 9 percent, whiat is the sixe of the seltiement? Note: Do not round intermediate colculotions and round your onswer to 2 decimal places, e.9.32:16