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Following the currency proposals announced by Javier Milei, the interest rate on traditional fixed deposits was reduced from 113% to 110%. So, if you invest $4,650,000 over a 30-day period, the return would be $420,410, which is the Average Taxable Earnings of Stable Workers (RIPTE) in Argentina.
Also read: Fixed Term: How much will I get if I invest $100,000 at the current interest rate by Javier Milei
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How much will I receive if I invest between $100,000 and $1,000,000 at the current 30-day fixed-term interest rate?
- A $100,000 investment returns $9,041.10 in a set 30-day period. The final total is $109,041.10.
- A $200,000 investment will return $18,082.19 in a set 30-day period. The final total is $218,082.19.
- A $300,000 investment will return $27,123.29 in a set 30-day period. The final total is $327,123.29.
- A $400,000 investment will earn $36,164.38 in a set 30-day period. The final total is $436,164.38.
- A $500,000 investment returns $45,205.48 in a set 30-day period. The final total is $545,205.48.
- A $600,000 investment returns $54,246.58 in a set 30-day period. The final total is $654,246.58.
- A $700,000 investment returns $63,287.67 in a set 30-day period. The final total is $763,287.67.
- An investment of $800,000 will return $72,328.77 in a set period of 30 days. The final total is $872,328.77.
- A $900,000 investment will return $81,369.86 in a set 30-day period. The final total is $981,369.86.
- A $1,000,000 investment will earn $90,410.96 in a fixed 30 day period. The final total is $1,090,410.96.
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