how much to deposit to earn $500,000 a month

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Fixed term: which banks offer the best interest rate

Currently, banks are offering the following interest rate, after a new reduction, for each fixed term:

  • French Bank: 28% annual interest rate for each fixed term
  • Banco Ciudad: 31% annual interest rate for each fixed term
  • Banco Galicia: 30% annual interest rate for each fixed term
  • Banco Nación: 30% annual interest for each fixed term
  • HSBC Bank: 32% annual interest for each fixed term
  • Banco Patagonia: 30% annual interest for each fixed term
  • ICBC Bank: 28% annual interest for each fixed term

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Fixed term: how much to deposit to earn $500,000 per month

In the event that a person wants to obtain a profit of $500,000 in 30 days through a fixed termyou should take into account that the interest rate changed and it is no longer more than 40%, but most banks now offer 30% annually. In that case, to win that sum, you will then need to deposit $20,277,778.

 
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