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 I want my interest, damnit!

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jose_cuervo
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Joined: 01 Mar 2006
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PostPosted: Wed Nov 12, 2014 2:17 am Reply with quoteBack to top

To the bank, I wrote:
To Whom It May Concern,

I am Joe Xxxx, an American Citizen, and an extended family relative to Mr. Xxxx Xxxxxx. I was recently made aware of my dearly departed Uncle Xxxx's investment, that your bank has held, since his untimely death in 2002. Attached is my claim form to receive the money that is due to me, as his only surviving relative.

As I understand, he deposited an amount of $12,500,000 USD into your bank, sometime before his death.

I have done some calculations, and in addition to the $12,500,000 USD, I must also demand that a reasonable amount of interest be paid out with the return of the money. As the market has fluctuated over the years, It would be safe to assume that an average annual interest would be approximately 2.9%, per year. Compounded annually, the principal amount would be (exactly) $5,115,481.16.

Therefore, the total amount that I wish to recover is $17,615,481 USD. That is the total of the principle and reasonable interest, minus the 16 cents, over which we needn't quibble.

Kind Regards,

Joe


I 'signed' the form in photochop, and blew it up to 6.9mb. It's the little things in life that make it worthwhile. Very Happy

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dwatina
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PostPosted: Wed Nov 12, 2014 2:57 am Reply with quoteBack to top

Laughing Laughing Laughing

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Lehigh Guy
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PostPosted: Wed Nov 12, 2014 3:45 am Reply with quoteBack to top

Interest! Brilliant! Surprised Cool

I must start demanding bank lads provide a figure and then tell them it is wrong. Once they get it right, they will of course need to withold taxes.

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jose_cuervo
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PostPosted: Wed Nov 12, 2014 3:54 am Reply with quoteBack to top

Lehigh Guy wrote:
...they will of course need to withold taxes.


Yes, but from which country? Twisted Evil

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Juan Freizwidatt
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PostPosted: Wed Nov 12, 2014 7:01 am Reply with quoteBack to top

Quote:
minus the 16 cents, over which we needn't quibble.


What an astonishingly accommodating lad. Very Happy

I think you should negotiate that point.

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Jayhawk
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PostPosted: Wed Nov 12, 2014 4:06 pm Reply with quoteBack to top

2.9% is a tad aggressive. Are you willing to negotiate the interest rate?

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