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AMI 2220 Present Value—Definition

Arkansas Supreme Court Committee On Jury Instructions-Civil

Ark. Model Jury Instr., Civil AMI 2220
Arkansas Model Jury Instructions-Civil
November 2022 Update
Arkansas Supreme Court Committee On Jury Instructions-Civil
Chapter 22. Damages
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.
This instruction should be used when the phrase “present value” has been employed in the text of an instruction on elements of damage.
A plaintiff is not required to present expert testimony to prove the present value of future medical expenses. J.E. Merit Constructors, Inc. v. Cooper, 345 Ark. 136, 44 S.W.3d 336 (2001).
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