FIXED TERM: how much can I earn if I deposit $35,000, $80,000 or $120,000 within 30 days

2023-05-10 02:09:31

He Banco Central (BCRA) increased interest rates to 91% for the Fixed deadlines retailers up to $30 million. With the new rate hike and the traditional fixed terms begin to pay 7.58% monthly on deposits maturing in 30 days. For his part, the effective annual rate (TEA) is from 140.5% annual.

If a person invests half of a average salaryEither from $35.000 a $120.000, How much money will he make in 30 days at the new interest rate?

Also read: Living on a fixed term: how much do you have to invest to earn $500,000 per month in Argentina

How much money can be earned with a fixed term of $35,000 in 30 days

With the new to nominal annual rate (TNA) in 91%, the Fixed deadlines will yield as follows if one person invests half a average salaryin this case, 35 thousand pesos:

• And one is realized fixed term of $35,000 for 30 daysat the end of the term will be added to the initial amount a interest of $2617.81. That is to say, will receive $37,617.81.
• If at the end of that period, you opt for a new fixed term for 30 days with the $37.617,81 previously obtained, at the end of the term you will receive $40.431,62.

Fixed term: how much can I earn if I deposit $35,000, $80,000 or $120,000 in 30 days. (Photo: Adobe Stock)

How much money can be earned with a fixed term if $80,000 is invested in 30 days

With the new to nominal annual rate (TNA) in 91%, the Fixed deadlines will yield as follows if one person invests half a average salaryin this case, 80 thousand pesos:

• And one is realized fixed term of $80,000 for 30 daysat the end of the term will be added to the initial amount a interest of $5,983.56. That is to say, will receive $85,983.56.
• If at the end of that period, you opt for a new fixed term for 30 days with the $85.983,56 previously obtained, at the end of the term you will receive $92.414,06.

Also read: Fixed term: how much money must be invested to “earn” a minimum salary

How much money can be earned with a fixed term of $120,000 in 30 days

With the new to nominal annual rate (TNA) in 91%, if a person invests half of a average salaryin this case $120 thousand, in a fixed term will render as follows:

• And one is realized fixed term of $120,000 for 30 daysat the end of the term will be added to the initial amount a interest of $8,975.34. That is to say, will receive $128,975.34.
• If at the end of that period, you opt for a new fixed term for 30 days with the $128.975,34 previously obtained, at the end of the term you will receive $138.621,62.