economics,

dhc4ever · Posted: Thu Feb 14, 2013 5:13 pm Post subject: economics,

Lady: Do you drink?

Man: Yes

Lady: How much a day?

Man: 3 - 6 packs

Lady: How much per 6 pack

Man: about $10.00

Lady: And how long have you been drinking?

Man: 15 years

Lady: So 1- 6 pack cost $10.00 and you have 3 packs a day which puts your

spending each month at $900. In one year, it would be $10,800 correct?

Man: Correct

Lady: If in 1 year you spend $10,800 not accounting for inflation, the past
15 years puts your spending at $162,000 correct?

Man: Correct

Lady: Do you know that if you hadn't drank, that money could have been put
in a step-up interest savings account and after accounting for compound
interest for the past 15 years, you could have now bought a Ferrari?

Man: Do you drink?

Lady: No

Man: Where's your Ferrari?

Vince · Posted: Fri Feb 15, 2013 12:05 am Post subject: Re: economics,

Elvis · Posted: Fri Feb 15, 2013 3:29 am Post subject: Re: economics,

very good.