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Showing content with the highest reputation on 10/24/2014 in all forums

  1. Accountant: Do you drink beer? Actuary: Yes. Accountant: How many beers a day? Actuary: Usually about 3. Accountant: How much do you pay per beer? Actuary: $5.00 which includes a tip. Accountant: And how long have you been drinking? Actuary: About 20 years, I suppose. Accountant: 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? Actuary: Correct. Accountant: If in 1 year you spend $5400, not accounting for inflation, the past 20 years puts you're spending at $108,000, correct? Actuary: Correct. Accountant: 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 Ferrari? Actuary: Do you drink beer? Accountant: No. Actuary: Where's your Ferrari?
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