# Fixed term with new rate: how much do I earn with \$150,000?

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.

finance-investments-markets-shares-fixed-term

The BCRA raised the rate after the inflation data.

Depositphotos

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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