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The information is for uesti 22 26: Let us say that a 5 falls off a roof and can no longer year-old r His accident

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The information is for uesti 22 26: Let us say that a 5 falls off a roof and can no longer year-old r His accident happens work as a roofer. He can, however, be a greeter at WalMart. on January 1, 2017 his 56th birthday. What is the present value of his lost earnings? Here are the important factors His earnings as a roofer would have been $35,000 in 2017. The growth rate for both streams of earnings is 3% per year. past earnings are to be calculated up to December 31, 2017. Future earnings begin January 1, 2018, when he is 57. His worklife expectancy is until age 64. For the discount rate, use 4%. (See attached table.) At WalMart, he can earn S15,000 a year, beginning on January 1 2018 His benefits in each job equal 15% of his salary

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