Would you want higher or lower interest rate

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Reference no: EM13305847

You are serving on a jury. It will be 5 years before plantiff canreturn to work. The jury sides with them and he gets these compensation.

a.- 2 years back pay. 44,000 is 2nd year salary 46,000 is 1st year salary
b.- 5 year future salary. 49,000 per year
c.- 100,000 flat payment
d. 20,000 court cost
9% EAR

What is the size of the settlement? Would you want higher or lower interest rate?

Reference no: EM13305847

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