The Leibniz coefficient is applicable when you are calculating lost wages in the future.
Year | Leibniz Coefficient |
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When an accident, typically a car accident, occurs and needs damage compensation, it will be lost wages in the future. However, compensation payments usually will be paid at once. Therefore, it is necessary to adjust the value in the future to that in the current.
See Braking Distance Calculator for how much distance you need to stop a running car.
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