In other words, private and public banks in the Argentine system pay an annual nominal rate of 75% for customers and non-customers. Only a few smaller entities give less than that.
In this way, if you have the possibility of saving something from our salaries every month, one possibility is to invest it in a fixed term to have the interest the following month. Or if you have a larger capital you can even live off the returns.
Fixed term: How much do I earn if I invest $50,000?
With a TNA of 75%, a fixed term of $50,000 at 30 days returns the initial capital plus interest, leading to a total of $53,287.67.
Fixed term: How much do I earn if I invest $100,000?
With a TNA of 75%, a fixed term of $50,000 at 30 days returns the initial capital plus interest, a total of $106,575.34 is received.
Fixed term: How much do I earn if I invest $500,000?
With a TNA of 75%, a fixed term of $50,000 at 30 days returns the initial capital plus interest, a total of $532,876.71 is received.
Fixed term: How much do I earn if I invest 1 million?
With a TNA of 75%, a fixed term of $50,000 at 30 days returns the initial capital plus interest, a total of $1,065,753.42 is received.
Source: Ambito
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