In an insurance settlement for a physical injury, a court awarded Ms. Stevenson $100,000 for past two years' loss of wages of $4000 per month plus interest on the lost wages to the end of the two...

In an insurance settlement for a physical injury, a court awarded Ms. Stevenson<br>$100,000 for past two years' loss of wages of $4000 per month plus interest on the<br>lost wages to the end of the two years. What effective rate of interest has the court<br>allowed on the lost wages?<br>

Extracted text: In an insurance settlement for a physical injury, a court awarded Ms. Stevenson $100,000 for past two years' loss of wages of $4000 per month plus interest on the lost wages to the end of the two years. What effective rate of interest has the court allowed on the lost wages?

Jun 10, 2022

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In an insurance settlement for a physical injury, a court awarded Ms. Stevenson $100,000 for past two years' loss of wages of $4000 per month plus interest on the lost wages to the end of the two...

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