## Simulation of investment $1 000 at 4% over 96 months

See how much you may gain if you invest $1 000 at 4% over 96 months period.

Initial equity: | $1 000 |

Sum of payments: | $9 600 |

Interest rate: | 4% |

Investment duration: | 96 months |

Final equity: | $12 664 |

Interest: | $2 064 |

### Compound Interest Table

Period | Invested equity | Interest | Final equity |
---|---|---|---|

1 year | $2 200 | $66 | $2 253 |

2 year | $3 400 | $182 | $3 548 |

3 year | $4 600 | $351 | $4 885 |

4 year | $5 800 | $575 | $6 266 |

5 year | $7 000 | $856 | $7 694 |

6 year | $8 200 | $1 196 | $9 169 |

7 year | $9 400 | $1 598 | $10 694 |

8 year | $10 600 | $2 064 | $12 272 |

$10 600 | $2 064 | $12 664 |

An investment of $1 000 at 4% interest rate with monthly payment $100 over 96 months will bring you $2 064 in return. The final equity will be $12 664.

### Alternative simulations

#### Higher interest rate

See how much you could gain if interest rate were higher.

- Monthly deposit of 100 for 8 years at 4.4% per year with an initial starting balance of 1000
- Monthly deposit of 100 for 8 years at 4.8% per year with an initial starting balance of 1000

#### Longer time of investment

See how much you could gain if time of investment were longer.

- Monthly deposit of 100 for 9 years at 4% per year with an initial starting balance of 1000
- Monthly deposit of 100 for 10 years at 4% per year with an initial starting balance of 1000

#### Bigger initial balance

See how much you could gain if initial balance were higher.