## Simulation of investment $1 000 at 5% over 84 months

See how much you may gain if you invest $1 000 at 5% over 84 months period.

Initial equity: | $1 000 |

Sum of payments: | $16 800 |

Interest rate: | 5% |

Investment duration: | 84 months |

Final equity: | $21 473 |

Interest: | $3 673 |

### Compound Interest Table

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

1 year | $3 400 | $115 | $3 493 |

2 year | $5 800 | $355 | $6 087 |

3 year | $8 200 | $727 | $8 789 |

4 year | $10 600 | $1 238 | $11 603 |

5 year | $13 000 | $1 894 | $14 534 |

6 year | $15 400 | $2 704 | $17 590 |

7 year | $17 800 | $3 673 | $20 775 |

$17 800 | $3 673 | $21 473 |

An investment of $1 000 at 5% interest rate with monthly payment $200 over 84 months will bring you $3 673 in return. The final equity will be $21 473.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 200 for 7 years at 5.5% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 7 years at 6% 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 200 for 8 years at 5% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 9 years at 5% per year with an initial starting balance of 1000

#### Bigger initial balance

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