Estimation of the present value of lost current and future income must consider

Question

Quizplus · Accepted Answer

All of the options are correct and must be considered when estimating the present value of lost current and future income. The expected length of working life will impact how much income is lost over time. Any possible future raises should also be factored in as they would have contributed to the individual's income. Finally, the risk of unemployment should be considered as it would impact the amount of income the individual would have earned over time. Therefore, all of these factors should be taken into account when estimating the present value of lost current and future income.

Estimation of the Present Value of Lost Current and Future