66.204 Tort Damages; Earnings; Present Cash Value | Pdf Doc Docx | Georgia_JI

 Tort Damages 
66.204 Tort Damages; Earnings; Present Cash Value | Pdf Doc Docx | Georgia_JI

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66.204 Tort Damages; Earnings; Present Cash Value

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66.204 Tort Damages; Earnings; Present Cash Value After you have determined the loss of future earnings, you may reduce the plaintiff's gross loss of future earnings to its present cash value. You would do so by using a rate of interest of 5 percent per annum as a reduction factor. O.C.G.A. §51-12-13 Miller v. Tuten, 137 Ga. App. 188 (1976) (Note: For the use of annuity tables in determining loss of earnings, see the annuity tables charge (66.303).)

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