He Fixed term It is one of the tools most used by Argentines for preserve and increase your savings. This month, interest rates recorded a new increase, which is especially beneficial for those who seek to take care of their money in times of economic uncertainty.
National Bank It is one of the most consulted entities when depositing in fixed deadlines, not only for its High ratesbut also because it has different alternatives to invest. It also offers a Fixed Term Simulator On their website, in which users can calculate how much money they will get to deposit any amount in different deadlines.
For example, these are the results obtained when calculating how much interest will be obtained when entering $ 1,700,000 on deadlines of 30, 60 or 90 days with the BNA.
According to the entity calculator, the yields of the operations are different according to the Fixed term type. Therefore, these are the yields that will be generated in each period and its interest rates:
$ 1,700,000 in 30 days
In the case of making deposits face -to -facethe Annual Nominal Rate (TNA) It is from 32.50%while the Annual Effective Rate (TEA) It is from 37.81%. Therefore, they will be obtained $ 45,410.96 of interest, which is equivalent to total obtaining $ 1,745,410.96. On the other hand, in case of the deadlines made through the Homebanking wave app of the National Bank, the rates ascend to 47% and al 58.59% respectively. Therefore, they will be generated $ 65,671,23 of interest and a total of $ 1,765,671,23.
$ 1,700,000 in 60 days
Secondly, in the case of 60 days the TNA in branches is from 32.75%while tea is from 37.57%. This means that interest equals $ 91,520.55which is equivalent to a total of $ 1,791,520.55. On the other hand, the rates of the electronic fixed deadlines reach the 46% and the 55.81% respectively, so they will be obtained $ 128,547.95 In interest and a total of $ 1,828,54795 at the end of the deadline.
$ 1,700,000 in 90 days
Finally, by depositing this amount for 90 days, the TNA reaches the 32.75% And the tea, the 37.02% In face -to -face deadlines, so they will win $ 137,280.82 In interest and a total of $ 1,837,280.82. For electronic deposits, interest rates are from 46% and of 54.61% respectively, so there will be a gain of $ 192,821.92 and an amount of $ 1,892,821.92 Once the deadline is finished.
Source: Ambito
