Fixed term or dollar? What is the most profitable option to save?

In times where any investment is useful, but it also seems not be entirely profitable, let’s see how much it benefits us to bet on a fixed term of 30 days with different deposits. Day by day, interest rates remain at 75% annual nominal.

Let’s go with concise examples. If we deposit 10 thousand pesos in a fixed period of 30 days, once the return is completed, it will be 10,616.44 pesos. This means that the vested interests are 616.44 pesos.

In annual terms, cin 12 consecutive fixed installments with the same reinvestment, the return will be $20,499.63. Now, if we deposit 50,000 pesos within 30 days, 53,082.19 pesos are returned. Per year, the profit would be 102,448.17 pesos.

Now we scale a little more: if the initial capital were 100,000 pesos, after 30 days $106,164 would be obtained. In a year, meanwhile, the results would amount to $204,996.34.

Finally, if we had the possibility to put one million pesos in a fixed term, at 30 days we will have $61,643.84 more. With the same annual reinvestment, it would amount to $2,049,963.41. It is important to know that the traditional 30-day fixed terms are for individuals and for no more than 10 million pesos.

You may also like

Anna Edwards

Recent Posts

The 15 largest individual donations and their role in scientific breakthroughs

IntroductionPhilanthropy has shaped universities, hospitals, scientific breakthroughs, cultural institutions, and global health initiatives for centuries.…

23 hours ago

The 8 countries that paved the way for equal pay legislation

IntroductionEqual pay legislation has played a pivotal role in shaping modern labor markets, advancing gender…

1 day ago

15 essential equations that quietly transformed human civilization

Introduction: Why Equations MatterEquations are compressed stories about reality. In a handful of symbols, they…

2 days ago

15 patents that reshaped industries and daily life around the world

Introduction: Patents as Engines of Technological RevolutionsThroughout modern history, certain patents have not merely protected…

2 days ago

The Black Death’s legacy in shaping disease prevention methods

1. The Black Death (1347–1351): The Birth of Public HealthThe Black Death, caused by the…

2 days ago

The 10 oldest musical instruments ever found by archaeologists and how they were made

1. Divje Babe Flute (Slovenia) – Approximately 60,000 Years OldOften cited as the oldest known…

2 days ago