The BCRA 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?
Fixed term: how it looks after the rate hike.
Depositphotos
The interest rate that the banks will pay from now on rose to 118% per year after the decision of Central Bank (BCRA) that increased the monetary policy rate by 21 percentage points. Thus, the monthly return on these investments became 9.8%, which in principle remains above inflation.
What is a fixed term?
He fixed term It is an investment that does not carry risks. It is a deposit for which for a certain number of days the money is immobilized and generates interest.
After this period, the money is once again available to the saver, who receives both the original deposit and the interest.
Fixed term with a rate of 118%: How much do you have to deposit to earn $100,000 in a month?
With the new interest rate of 9.8% per month, if $1,040,000 is invested, the return after 30 days will be slightly more than $100,000.
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.
Calculate the yield of your fixed term
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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