## Simulation of investment $1 000 at 6% over 36 months

See how much you may gain if you invest $1 000 at 6% over 36 months period.

Initial equity: | $1 000 |

Sum of payments: | $10 800 |

Interest rate: | 6% |

Investment duration: | 36 months |

Final equity: | $13 021 |

Interest: | $1 221 |

### Compound Interest Table

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

1 year | $4 600 | $176 | $4 743 |

2 year | $8 200 | $578 | $8 669 |

3 year | $11 800 | $1 221 | $12 789 |

$11 800 | $1 221 | $13 021 |

An investment of $1 000 at 6% interest rate with monthly payment $300 over 36 months will bring you $1 221 in return. The final equity will be $13 021.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 300 for 3 years at 6.6% per year with an initial starting balance of 1000
- Monthly deposit of 300 for 3 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 300 for 4 years at 6% per year with an initial starting balance of 1000
- Monthly deposit of 300 for 5 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.