If I put 10,000 pesos in a fixed term, how much do I earn?

After the last increase in the interest rate of the fixed term: How much do I earn with a 30-day deposit? How much does $10,000 pay in a month or a year in 2022?

By iProfessional

16/09/2022 – 13,26hs

Currently, the floor for deposits of fixed term at 30 days with a maximum capital of $10,000,000 went from yielding a 75% annual (TNA). This generates that the effective annual rate (TEA) be of 107% about.

If I put 10,000 pesos in a fixed term, how much do I earn?

Taking these data into account, we can make an estimate of how much money will we get in case invest $10.000 taking as reference this minimum rate.

investing said money, in a monthwe will get $10.625 approximately in total:

  • $10,000 corresponds to capital invested
  • and $625 of interests.

Finally, if we put the money to one year (365 days) and periodically renew the interests, we will get total $20,700 corresponding to:

  • $10,000 of capital
  • and $10,700 of interests.

How much does a fixed term of $500,000 pay?

if we decide invest $500,000 at 30 days with this new rate, it would generate $31,250 interest per monthabout.

In the hypothetical case that we constantly invest that money every 30 days, at the end of the year we would receive $500,000 of capital and $535,000 interest, obtaining a total of $1,035,000.

How much does a fixed term of $50,000 give me?

Instead, if we decide invest $50,000 a 30 dayswould generate us $3,125 interestabout.

In the hypothetical case that we constantly invest that money every 30 days, at the end of the year we would receive $50,000 principal and $53,500 interest. A total of $103,500

How much money can be earned with a traditional fixed term of $100,000

If we invest $100.000 a 30 days with this new bowlwould generate us $6,250 interest, about. If we consistently invested that money every 30 days, at the end of the year we would receive $100,000 principal and $107,000 interest, a total of $207,000.

How much does a fixed term of $200,000 earn?

If we decide to invest $200,000 at 30 days with this new rate, it would generate $12,500 interest, about. In the hypothetical case that we constantly invest that money every 30 days, at the end of the year we would receive $200,000 of capital and $214,000 interest, earning a total of $414,000

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