A present value table is used to determine the present day cash value of a lump sum to be paid in annual increments to compensate for future economic loss as the result of an injury. The table reflects the discount rate, or prescribed interest rate, net of inflation, to be applied.
It can be found in Appendix E of CIVJI /Civil Jury Instructions.
References
- CIVJI: Civil Jury Instructions by R Dean Wilson - onsite at Courthouse Libraries
- Assessment of Personal Injury Damages by CJ Bruce - onsite at Courthouse Libraries
- Damages: Estimating Pecuniary Loss by Cara Brown - onsite at Courthouse Libraries
- Litigation Accounting: The Quantification of Economic Damages by Mark L Berenblut - onsite at Vancouver Courthouse Library