## Simulation of investment $1 000 at 7% over 36 months

See how much you may gain if you invest $1 000 at 7% over 36 months period.

Initial equity: | $1 000 |

Sum of payments: | $14 400 |

Interest rate: | 7% |

Investment duration: | 36 months |

Final equity: | $17 236 |

Interest: | $1 836 |

### Compound Interest Table

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

1 year | $5 800 | $250 | $6 003 |

2 year | $10 600 | $854 | $11 292 |

3 year | $15 400 | $1 836 | $16 887 |

$15 400 | $1 836 | $17 236 |

An investment of $1 000 at 7% interest rate with monthly payment $400 over 36 months will bring you $1 836 in return. The final equity will be $17 236.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 400 for 3 years at 7.7% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 3 years at 8.4% 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 400 for 4 years at 7% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 5 years at 7% per year with an initial starting balance of 1000

#### Bigger initial balance

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