The greatest payout for a personal injury was recorded at $163,882,660 in 1993. The car wreck actually
occurred in the year 1987. If the guilty part paid in the
year the wreck actually happened, what would have
been the equivalent payout in 1987?

$115,012,850.8

Step-by-step explanation:

given data:

cash out amount in 1993 = $163,882,660

no of years = 7

inflation adjustment carried out on the amount would yield $163,882,660. in 1993 is equal to $115,012,850.8 1987.

This is because the Annual inflation grew over this period at a pace 4.26%.

= 4.26/100 * $163,882,660

= 0.0426 * $163,882,660 * 7

= $48,869,809.21

$163882660 – $48,869,809.21

= $$115,012,850.8

b

step-by-step explanation: