## Simulation of investment $1 000 at 9% over 96 months

See how much you may gain if you invest $1 000 at 9% over 96 months period.

Initial equity: | $1 000 |

Sum of payments: | $0 |

Interest rate: | 9% |

Investment duration: | 96 months |

Final equity: | $1 993 |

Interest: | $993 |

### Compound Interest Table

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

1 year | $1 000 | $90 | $1 073 |

2 year | $1 000 | $188 | $1 152 |

3 year | $1 000 | $295 | $1 239 |

4 year | $1 000 | $412 | $1 333 |

5 year | $1 000 | $539 | $1 436 |

6 year | $1 000 | $677 | $1 548 |

7 year | $1 000 | $828 | $1 671 |

8 year | $1 000 | $993 | $1 804 |

$1 000 | $993 | $1 993 |

An investment of $1 000 at 9% interest rate with monthly payment $0 over 96 months will bring you $993 in return. The final equity will be $1 993.

### Alternative simulations

#### Higher interest rate

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

#### Longer time of investment

See how much you could gain if time of investment were longer.

#### Bigger initial balance

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