Simulation of investment $1 000 at 8% over 12 months
See how much you may gain if you invest $1 000 at 8% over 12 months period.
Initial equity: | $1 000 |
Sum of payments: | $4 800 |
Interest rate: | 8% |
Investment duration: | 12 months |
Final equity: | $6 086 |
Interest: | $286 |
Compound Interest Table
Period | Invested equity | Interest | Final equity |
---|---|---|---|
1 year | $5 800 | $286 | $6 031 |
$5 800 | $286 | $6 086 |
An investment of $1 000 at 8% interest rate with monthly payment $400 over 12 months will bring you $286 in return. The final equity will be $6 086.
Alternative simulations
Higher interest rate
See how much you could gain if interest rate were higher.
- Monthly deposit of 400 for 1 years at 8.8% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 1 years at 9.6% 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 400 for 2 years at 8% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 3 years at 8% per year with an initial starting balance of 1000
Bigger initial balance
See how much you could gain if initial balance were higher.