With the new BCRA rates, the investment option for this type of deposits became more attractive in the face of inflation.
With the new rates Central Bank (BCRA)which increased the fixed-term interest to the 78% per yearthe option of investment of that type of deposits was made more attractive against inflation. For those who can invest a good sum of money, it can be an important way to reinforce income.
Investments of this type are safe and for conservative profiles. With this new rate level, 30-day term placements, will go on to pay a yield of 6.41% per month, from the previous 6.16%. The monthly variation of the rate is located slightly below the monthly inflation for February, which reached 6.6%.
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The effective annual ratethat is, the one that records the profits month by month in a period of one year, is of the 107.5%above the interannual variation of the inflation in February, the last record available, which was 102.5%. Thus, with the new rate of 78%, a 30-day fixed term per $100,000 returns interest of $6,410.96.
Maintaining a positive real rate is one of the points agreed between Argentina and the International Monetary Fund (IMF) in a last deal.
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Fixed term: how much do I earn if I invest $50,000?
With a TNA of 78%, a fixed term of $50,000 at 30 days returns a total of $53,205.
Fixed term: how much do I earn if I invest $100,000?
A fixed term of $100,000 at 30 days returns an interest of $6,410, which represents a principal of $106,410.
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Courtesy: The Voice of Chile
Fixed term: how much do I earn if I invest $500,000?
A fixed term of $500,000 at 30 days reports total profits of $532,050.
Fixed term: how much do I earn if I invest $1 million?
With a TNA of 75%, a fixed term of $1,000,000 at 30 days returns the initial capital plus interest, a total of $1,064,100 is received.
Fixed term: how much do I have to invest to earn $100,000?
To earn 100,000 in 30 days, you need to invest $1,600,000 in a fixed term.
Source: Ambito
