24hoursworld

Fixed term: how much do I earn if I invest $200,000 with the current rate

Fixed term: how much do I earn if I invest $200,000 with the current rate

The Central Bank announced its decision to lower the interest rate. How it impacts the performance of these instruments.

Depositphotos

A few days after the inauguration of the new government, the central bank (BCRA) decided to lower the interest rate for deposits fixed term. In that way, the annual nominal yield went from being 133% to being located in a 110%.

The BCRA board considered it prudent maintain a minimum interest rate for fixed-term deposits, so it established a rate of 110% annual nominal. In that way, the Monthly Nominal Rate (TEM) became of the 9.15%.

Fixed term: how much do I earn if I invest $50,000 in a fixed term?

For those savers who deposit $50,000 Within 30 days, you will earn $4,520.55 and receive a total of $54,520.55.

fixed-term-investments-interest.jpg

Depositphotos

Fixed term: how much do I earn if I invest $100,000 in a fixed term?

For those savers who deposit $100,000 within a fixed period of 30 days, with the new TNA will receive $9,160that is, the total amount to be withdrawn will be $109,160.

Fixed term: how much do I earn if I invest $200,000?

People who enter $200,000 in a fixed period, they will obtain at the end of the 30 days $218,320that is, a gain of $18,320.

Fixed term: how much do I earn if I invest $300,000 in a fixed term?

Finally, those who invest $300,000will receive at the end of the fixed term an additional amount of $27,480. That is, a total of $127,480.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

Argentines are at 44-month highs

Argentines are at 44-month highs

The economy remains immersed in a recessionary phase of which it is still unknown when it will bottom out, while inflation data, although showing a