Te lo agradezco.
[Caption 17, Muñeca Brava > Pilot > 6]
Little doubt one of the things you say frequently when you have the occasion to speak Spanish is gracias (thanks) and muchas gracias (many thanks), but have you ever tried using the verb agradecer (to thank)? When Federico is explaining to his secretary-cum-sous-chef about how much she brings his groove back, she does not say simply gracias but rather (and somewhat cynically, we might add) te lo agradezco or "I thank you (for it)." It's slighly more formal, but not radically so.
Agradecemos a todos los presentes por asistir a esta reunion.
"We thank all present for attending this meeting."
Les agradezco su ayuda.
"I thank you all for your help."