Jerry files a lawsuit against the convenience store where he works and slipped and fell. He's asking for damages for loss of a $50,000 annual salary for 30 years, $200,000 in medical bills, and punitive damages equal to triple the medical and salary damages. If he gets 80% of what he's asking for, for much money does he get?
Thoughts? Step-by-step reasoning:
First find the total cost of Jerry's lost salary: $50,000 / year * 30 years = $1,500,000. Then add the cost of the medical bills: $1,500,000 + $200,000 = $1,700,000. Then triple that number to find the cost of the punitive damages: $1,700,000 * 3 = $5,100,000. Then add the cost of the medical and salary damages to find how much Jerry asked for: $1,700,000 + $5,100,000 = $6,800,000. Then multiply that number by 80% to find how much money Jerry is awarded: $6,800,000 * 80% = $5,440,000.
Thus, the answer is 5440000.