So this is a conversation between a man and a woman. Please note that she asks 5 or 6 questions which he answered quite simply and she is speechless after answering only one question.
Critical Thinking
At Its Best!
Woman:
Do you play golf ?
Man: Yes
Woman:
How many times a week?
Man:
Usually about 3
Woman:
How much do you pay per round?
Man: Usually about $35.00 which includes lunch. (This is where it gets scary !)
Woman:
And how long have you been playing?
Man:
About 20 years, I suppose
Woman:
So a round costs $35.00 and you have 3 rounds a week which puts your spending each month at about $450.00 .
In one year, it would be approximately $5400.00 correct?
Man:
Correct
Woman:
If in 1 year you spend $5400.00, not accounting for inflation, the past 20 years puts your spending at $108,000.00 correct?
Man:
Correct
Woman:
Do you know that if you didn't play so much golf, 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 play golf?
Woman:
No.
Man:
Where's your Ferrari?
Critical Thinking
At Its Best!
Woman:
Do you play golf ?
Man: Yes
Woman:
How many times a week?
Man:
Usually about 3
Woman:
How much do you pay per round?
Man: Usually about $35.00 which includes lunch. (This is where it gets scary !)
Woman:
And how long have you been playing?
Man:
About 20 years, I suppose
Woman:
So a round costs $35.00 and you have 3 rounds a week which puts your spending each month at about $450.00 .
In one year, it would be approximately $5400.00 correct?
Man:
Correct
Woman:
If in 1 year you spend $5400.00, not accounting for inflation, the past 20 years puts your spending at $108,000.00 correct?
Man:
Correct
Woman:
Do you know that if you didn't play so much golf, 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 play golf?
Woman:
No.
Man:
Where's your Ferrari?
ickle:
