## Simulation of investment $1 000 at 7% over 72 months

See how much you may gain if you invest $1 000 at 7% over 72 months period.

Initial equity: | $1 000 |

Sum of payments: | $28 800 |

Interest rate: | 7% |

Investment duration: | 72 months |

Final equity: | $37 125 |

Interest: | $7 325 |

### 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 |

4 year | $20 200 | $3 222 | $22 810 |

5 year | $25 000 | $5 042 | $29 084 |

6 year | $29 800 | $7 325 | $35 733 |

$29 800 | $7 325 | $37 125 |

An investment of $1 000 at 7% interest rate with monthly payment $400 over 72 months will bring you $7 325 in return. The final equity will be $37 125.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 400 for 6 years at 7.7% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 6 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 7 years at 7% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 8 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.