A Victim of a Car Accident Won a Judgment for Wages

question 118

Short Answer

A victim of a car accident won a judgment for wages lost over a two-year period ended nine months before the date of the judgment. In addition, the court awarded interest at 6% compounded monthly on the lost wages from the date they would have otherwise been received to the date of the judgment. If the monthly salary was been $5,500, what was the total amount of the award (on the date of the judgment)?