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Woman:
Do you drink Guinness?
Man: Yes
Woman:
How many a day?
Man:
Usually about 3
Woman:
How much do you pay per beer?
Man: $9.00
(This is where it gets scary !)
Woman:
And how long have you been drinking?
Man:
About 20 years, I suppose
Woman:
So a Guinness costs $9 and you have 3 a day which puts your spending each month at $810. In one year, it would be approximately $9855 …correct?
Man:
Correct
Woman:
If in 1 year you spend $9855, not accounting for inflation, the past
20 years puts your spending at $197,100, correct?
Man:
Correct
Woman:
Do you know that if you didn’t drink so much Guinness, 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 Ferrari?
Man:
Do you drink Guinness?
Woman:
No
Man:
Where’s your Ferrari?