UJI 13-1822. Future damages; discount to present cash value.1

In fixing the amount you may award for damages arising in the future, you must reduce the total of such damages awarded today to their present cash value. This reduction is necessary because money received now will, through proper investment, grow to a larger amount in the future. To find present cash value, you should discount or reduce the total amount of future damages to account for the earning power of the money you award today. [You may consider expert testimony in determining the present cash value of future damages.]2 [You must use [the interest rate of ______ percent] [and __________________ (specify other stipulated information)] agreed to by the parties in determining the present cash value of future damages.]3 Damages for any future pain and suffering [and disfigurement]4 are not to be so reduced.