One night in 1996, in a drunken state, I told a friend jokingly that I would pay him $5 if he did the popular dance move - the "worm" at this party. Now, ten years later he claims that because I never paid him that $5 and because he in fact did the worm, that I owe him $8,968.03. Meanwhile, he never paid me nearly $100.00 in fantasy football winnings. That was like 4 years ago. I have let the fantasy football winnings slide, but he continues to constantly press about the "worm." What is your advice?
2006-08-24 03:58:55 · 14 answers · asked by Anonymous in Society & Culture ➔ Etiquette
You should tell him since the Worm depreciated in Value you only owe him now 5 cents. If he has any problems with it tell him to take it with the new fad.. Because the worm will never come back!!!
2006-08-24 04:05:56 · answer #1 · answered by Kelly,TX 4 · 2⤊ 0⤋
Uhm, either he's joking or he's nuts. There's no way that 5 bucks would have gotten so much interest that they would have reached this amount. How about reminding him of the 100 bucks he never paid you and calculating how much he owes you now by using the same interest rate as he did for the 5 bucks? That should shut him up.
My brother still owes me the car he lost in a bet 8 years ago. Of course I don't seriously expect to ever get it and I wouldn't insist on such a ridiculous thing. At least me winning that bet taught him it's not a good idea to bet. He hasn't done it since. :)
2006-08-24 07:41:47 · answer #2 · answered by undir 7 · 0⤊ 0⤋
If he's a friend, buy him a beer and call it even. A decade ago? Four years ago? That's an eternity in 'you owe me' time.
Would he have invested that $5? Na.. He would have spent it. So actually, you're saving him money by withholding it. Now, the $100, that might be worth 2 beers
2006-08-24 04:06:23 · answer #3 · answered by words_smith_4u 6 · 1⤊ 0⤋
Tell him instead of giving him the $5 you invested in some stocks on his behalf. Unfortunately, the market went down. He owes you money, not the other way around.
2006-08-24 05:12:41 · answer #4 · answered by J.S. 2 · 0⤊ 0⤋
Using an average interest rate, of say 4 percent, the five dollars would, including compound interest be worth no more than ten dollars by now...
2006-08-24 04:06:21 · answer #5 · answered by thomasrobinsonantonio 7 · 1⤊ 0⤋
Offer to give him the five bucks. I've had $5.00 in a savings account for 10 years and its only up to about $9.00. So I'm not sure what interest rate he is using.
2006-08-24 04:04:44 · answer #6 · answered by littlestory 3 · 0⤊ 0⤋
Give hin $5 and remind him of the $100...
2006-08-24 04:18:08 · answer #7 · answered by Maybalee 3 · 0⤊ 0⤋
your poor friend must be really bored to drive that point home so very very often. Plus bad at math. perhaps you should start to constantly ask for your $100 first, and just bug him until he knows what it's like.
2006-08-24 04:09:50 · answer #8 · answered by rachprime 3 · 0⤊ 0⤋
Calculate the interest on your $100 that he owes you, tell him and then call it even. Your friend sounds ridiculous.
2006-08-24 04:05:33 · answer #9 · answered by AsianPersuasion :) 7 · 2⤊ 0⤋
slap the worm
2006-08-24 04:31:40 · answer #10 · answered by haveacigar 2 · 0⤊ 0⤋