The Central Bank increased the monetary policy rate by 21 percentage points, with the new interest rate, how much do I earn if I invest $100,000, $200,000, $300,000?
He Central Bank (BCRA) increased the monetary policy rate by 21 percentage points, up to 118% (Annual Nominal Rates, TNA), which is equivalent to a 209% in effective annual terms (TEA) and a effective monthly yield of 9.8%after the result of the primary elections.
On the other hand, in addition to this strong increase in the fixed-term interest rategovernment devalued the peso by 22% and increased the official dollar to $365.50. Thus, the jump was $64.59 compared to Friday’s close.
Now with the new interest ratehow much do I earn if I invest $100,000, $200,000, $300,000?
Increase the fixed term: how much do I earn if I invest $100,000 in 30 days?
If $100,000 is invested in a fixed term with a rate of 118%, the 30-day profit is $9,698.63.
Increase the fixed term: how much do I earn if I invest $200,000 in 30 days?
If $200,000 is invested in a fixed term with a rate of 118%, the 30-day profit is $19,397.26.
Increase the fixed term: how much do I earn if I invest $300,000 in 30 days?
If $300,000 is invested in a fixed term with a rate of 118%, the 30-day profit is $29,095.89.
Source: Ambito
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