The rise in interest rates ordered by the BCRA has an impact on new time deposits in pesos. How much does it yield if invested for 30 days?
A good way to have extra income is invest part of our salary, and the safest form is deposits to fixed term. Furthermore, with the increase in fixed term interestthe option of investing to obtain an extra per month became more attractive compared to the inflation to boost revenue.
Behind the primary election resulthe Central Bank (BCRA) arranged a official wholesale dollar devaluation and, in line with that measure, it resolved to raise the monetary policy rate (including the fixed term traditional) in 21 percentage pointsuntil the 118% (Annual Nominal Rates, TNA), which is equivalent to a 209% in effective annual terms (TEA) and an effective monthly yield of 9.7%.
In that way, the interest rates went from 97% to 118% per year. Thus, by constituting a fixed term to 30 daysthe yield for the saver became 9.7%. In this framework, as long as inflation remains below said number, it will continue to be business.
How much do I earn today if I put $300,000 in a fixed term?
With an investment of $300,000 you can have a monthly yield of $29,095.89.
Fixed term: how much do I earn if I invest $100,000 in 30 days?
This means that if a person does a fixed term by 30 days of $100,000at the end of the term will receive $109,698.63: the $100,000 that you had deposited at first plus a interest of $9,698.63.
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Fixed term: how much do I earn if I invest $1,000,000 in 30 days?
In the same sense, if one inverts $1 million in a fixed term, with the rate of 118%the 30 day profit It is $96,986,301.
For the deposits of more than $30 million made by companies (legal person), the guaranteed minimum rate will be from 111%with a monthly effective interest of 9.12%.
Fixed term: how much do I earn if I invest $2,000,000 in 30 days?
With $2 million invested you earn per month $193,972,603which implies a good reinforcement to the pocket.
Source: Ambito
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