Interest rates on traditional fixed-term deposits are currently at high levels, although they are forecast to be below inflation this month and below what the blue dollar rose.
The Central Bank (BCRA) 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%.
Regardless of the bank in which the saver makes the investment, the profit will be the same, since the rate is regulated and is the same for all.
Calculate how much your fixed term yields
Fixed term: how much do I earn if I invest $10,000 in 30 days?
At current interest rates, depositing $10,000 yields a profit of almost $970, the equivalent of 9.7% of the original investment.
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.
Fixed term: how much do I earn if I invest $300,000 in 30 days?
If $300,000 is invested at 30 days, the profit is $29,095.
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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