## Simulation of investment $1 000 at 9% over 120 months

See how much you may gain if you invest $1 000 at 9% over 120 months period.

Initial equity: | $1 000 |

Sum of payments: | $24 000 |

Interest rate: | 9% |

Investment duration: | 120 months |

Final equity: | $40 585 |

Interest: | $15 585 |

### Compound Interest Table

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

1 year | $3 400 | $205 | $3 566 |

2 year | $5 800 | $645 | $6 323 |

3 year | $8 200 | $1 341 | $9 286 |

4 year | $10 600 | $2 315 | $12 475 |

5 year | $13 000 | $3 593 | $15 910 |

6 year | $15 400 | $5 202 | $19 613 |

7 year | $17 800 | $7 171 | $23 609 |

8 year | $20 200 | $9 534 | $27 923 |

9 year | $22 600 | $12 326 | $32 584 |

10 year | $25 000 | $15 585 | $37 623 |

$25 000 | $15 585 | $40 585 |

An investment of $1 000 at 9% interest rate with monthly payment $200 over 120 months will bring you $15 585 in return. The final equity will be $40 585.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 200 for 10 years at 9.9% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 10 years at 10.8% 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 200 for 11 years at 9% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 12 years at 9% per year with an initial starting balance of 1000

#### Bigger initial balance

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