Simulation of investment $1 000 at 6% over 12 months
See how much you may gain if you invest $1 000 at 6% over 12 months period.
Initial equity: | $1 000 |
Sum of payments: | $2 400 |
Interest rate: | 6% |
Investment duration: | 12 months |
Final equity: | $3 537 |
Interest: | $137 |
Compound Interest Table
Period | Invested equity | Interest | Final equity |
---|---|---|---|
1 year | $3 400 | $137 | $3 511 |
$3 400 | $137 | $3 537 |
An investment of $1 000 at 6% interest rate with monthly payment $200 over 12 months will bring you $137 in return. The final equity will be $3 537.
Alternative simulations
Higher interest rate
See how much you could gain if interest rate were higher.
- Monthly deposit of 200 for 1 years at 6.6% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 1 years at 7.2% 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 2 years at 6% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 3 years at 6% per year with an initial starting balance of 1000
Bigger initial balance
See how much you could gain if initial balance were higher.