The Central Bank (BCRA) decided last month 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 return 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 everyone.
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, equivalent to 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 makes a fixed term by 30 days of $100,000at the end of the term you will receive $109,698.63: the $100,000 that I had initially deposited plus a interest of $9,698.63.
Fixed term: how much do I earn if I invest $500,000 in 30 days?
If $500,000 is invested in 30 days, the profit is $48,493.
Fixed term: how much do I earn if I invest $1,000,000 in 30 days?
In the same sense, if you invest $1 million in a fixed period, with the 118% ratethe 30 day profit It is $96,986,301.
For the deposits of more than $30 million made by companies (legal entity), 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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