Critical Thinking At Its Best!
Woman: Do you smoke cigars?
Man: Yes
Woman: How many cigars a day?
Man: Usually about 2 or 3
Woman: How much do you pay per cigar?
Man: $8.00 on average
Woman: And how long have you been smoking?
Man: About 20 years, I suppose.
Woman: So a cigar costs $8 and you have 3 cigars a day which puts your spending each month at $720. In one year, it would be approximately $8,640 … correct?
Man: Correct
Woman: If in 1 year you spend $8,640, not accounting for inflation, the past 20 years puts your spending at $172,800 correct?
Man: Correct
Woman: Do you know that if you didn’t smoke so many cigars, 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 smoke cigars?
Woman: No. I never have.
Man: Where’s your Ferrari?
