robtdonna
Member
Critical Thinking At Its Best!
Woman:
Do you drink beer?
Man: Yes
Woman:
How many beers a day?
Man:
Usually about 3
Woman:
How much do you pay per beer?
Man: $5.00 which includes a tip
(This is where it gets scary !)
Woman:
And how long have you been drinking?
Man:
About 20 years, I suppose
Woman:
So a beer costs $5 and you have 3 beers a day which puts your spending each month at $450.
In one year, it would be approximately $5400 …correct?
Man:
Correct
Woman:
If in 1 year you spend $5400, not accounting for inflation, the past
20 years puts your spending at $108,000, correct?
Man:
Correct
Woman:
Do you know that if you didn't drink so much beer, that money could have
been put in a step-up
interest savings account and after accounting for compound interest for the
past 20 years,
you could have now bought a new Ferrari?
Man:
Do you drink beer?
Woman:
No
Man:
Where's your Ferrari?
Woman:
Do you drink beer?
Man: Yes
Woman:
How many beers a day?
Man:
Usually about 3
Woman:
How much do you pay per beer?
Man: $5.00 which includes a tip
(This is where it gets scary !)
Woman:
And how long have you been drinking?
Man:
About 20 years, I suppose
Woman:
So a beer costs $5 and you have 3 beers a day which puts your spending each month at $450.
In one year, it would be approximately $5400 …correct?
Man:
Correct
Woman:
If in 1 year you spend $5400, not accounting for inflation, the past
20 years puts your spending at $108,000, correct?
Man:
Correct
Woman:
Do you know that if you didn't drink so much beer, that money could have
been put in a step-up
interest savings account and after accounting for compound interest for the
past 20 years,
you could have now bought a new Ferrari?
Man:
Do you drink beer?
Woman:
No
Man:
Where's your Ferrari?
