Thursday, November 18, 2004

How much would I spend on hair for the rest of my life

1 year = $15 x 7 = $105

40 years of my life = $105 x 40 = $4200

If I invest $4200 in a bank and get 5% per annum for 40 years =  $8400

 

Total $ saved = $8400 + $4200 = $12600

 

Plus I would save on time, gas and energy.

 

This is assuming price of a haircut remains constant at $15 and that the best investment will give me a return of only 5%!

What say you?

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