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ssment (1) - Word e Search Review View eferences Mailings A Aa A - A.D.A. Help 2 AaBbCD AaBbCcDc AaBC AaBbccc 1 Normal 1 No

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ssment (1) - Word e Search Review View eferences Mailings A Aa A - A.D.A. Help 2 AaBbCD AaBbCcDc AaBC AaBbccc 1 Normal 1 No Spac... Heading 1 Heading 2 1. - Paragraph Styles Critical Inquiry Assignment You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident which was happened two years ago. 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 plaintiff's annual salary for the last two years would have been $38,000 (two years earlier) and $42,000 (one year ago), respectively. (b) The present value of five years' future salary, including the current year and four years thereafter. You assume the salary will be $45,000 per year. (c) $150,000 for pain and suffering. (d) $20,000 for court cost. The current market interest rate is 596 Please carefully identify key information as inputs of your financial calculator and record all calculation steps (key strokes) for items (a) through (d). (a) Calculation steps of the present value of two years back pay: APR= [ 1/EAR)n-11 (bl Calculation steps of the present value of five vears' future salary

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