He Central Bank (BCRA) arranged increase the interest rate (reference) of the fixed term after the National Institute of Statistics and Censuses (INDEC) disseminate the information september inflationwhich marked a 12.7% (which slightly exceeded the 12.4% in August).
The rate adjustment implied a increase of 15 percentage points (1,500 basis points). With this measure, the monetary entity seeks encourage savers to leave their pesos in fixed terms and relieve pressure on the dollarin a week in which the blue exceeded $1,000 (although it later dropped to $980) prior to presidential election on October 22.
Consequently, now, traditional fixed terms pay an Annual Nominal Rate (TNA), a return set by the BCRA, of 133% annually, with an annual effective rate (TEA) of 253%, which was updated on October 12.
With this measure, the fixed term traditional came to have a monthly effective yield (the TEM) 11%, closest to September inflation data that he 9.7% that was previously offered.
Fixed term: how much do I earn if I invest $10,000 in 30 days?
With current interest rates, when depositing $10,000 a profit of $1,100the equivalent of eleven% of the original investment. Therefore, at the end of the month there will be $11,100 in the destination account.
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 will receive $111,000: the $100,000 that I had initially deposited plus a interest of $11,000.
Fixed term: how much do I earn if I invest $500,000 in 30 days?
If they are invested $500,000 After 30 days, the profit is $55,500, which is equivalent to a cumulative total (profit plus capital) at the end of the month of $555,000.
Fixed term: how much do I earn if I invest $2,000,000 in 30 days?
With $2 million invested you earn per month $220,000which implies a good reinforcement to the pocket, since the total that the user will have in their account at the end of the term will be $2,220,000.
Fixed term: how much do I earn if I invest $150,000 in 30 days?
In the same sense, if you invest $150,000 in a fixed period, with the 133% ratethe 30 day profit It is $16,500. Thus, at the end of the month, the saver will have accumulated $166,500 in total in his account.
Source: Ambito
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