With confirmation that the Central Bank (BCRA) will keep for now interest rates at 97% per year, investments in fixed term they will continue to have a yield of almost 8.1% on 30-day deposits.
The performance of time deposits are safe receipts without any risk. And furthermore, if inflation remains below 8%, as indicated by the May index, they will be more profitable.
Fixed term with a rate of 97%: How much do I earn if I invest $100,000 in 30 days?
This means that If a person makes a fixed term for 30 days of $100,000, at the end of the term he will receive $108,083: the $100,000 that he had deposited at first plus interest of $8,083.
If you decide at the end of that month to make a new fixed term for 30 days with the initial money plus the $8,083 earned in interest, you would obtain $116,762 at the end of the term, that is, the $108,083 deposited at the beginning of the month plus interest of $8,679.
In case there are no changes in the interest rate during the next year, if at each expiration date the person made a new fixed term for 30 days with the initial capital and the interest earned, in 12 months he would have $240,510.
That is, the $100,000 initially deposited plus interest of $140,510.
Fixed term: How much do I need to invest to earn $100,000 per month?
To obtain a profit of $100,000 per month, a saver would have to deposit about $1,260,000 in a fixed term of 30 days.
Fixed term with a rate of 97%: How much do I earn if I invest $250,000 in 30 days?
With a 30-day fixed-term investment of $240,000, the profit obtained is $19,931.51. Therefore, a total of almost $260,000 would be reached.
Fixed term with a rate of 97%: How much do I earn if I invest $1,000,000 in 30 days?
In the same way, If $1 million is invested in a fixed term with a rate of 97%, the 30-day profit is $79,726.03.
For deposits of more than $30 million made by companies (legal entities), the guaranteed minimum rate will be 90%, which represents an effective annual rate of 138%.
Fixed term with a rate of 97%: How much do I earn if I invest $2,000,000 for 30 days?
With $2 million invested, you earn $159,452.05 per month which implies a good reinforcement to the pocket.
Source: Ambito
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