AMI 2220 Present Value—Definition

I have used the expression “present value” in these instructions with respect to certain elements of damage which you may find that (plaintiff) will sustain in the future. This simply means that if you find that (plaintiff) is entitled to recover any elements of damage which require you to determine their present value, you must take into consideration the fact that money recovered will earn interest, if invested, until the time in the future when these losses will actually occur. Therefore, you must reduce any award of such damages to compensate for the reasonable earning power of money.