## Simulation of investment $1 000 at 9% over 60 months

See how much you may gain if you invest $1 000 at 9% over 60 months period.

Initial equity: | $1 000 |

Sum of payments: | $12 000 |

Interest rate: | 9% |

Investment duration: | 60 months |

Final equity: | $16 593 |

Interest: | $3 593 |

### 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 |

$13 000 | $3 593 | $16 593 |

An investment of $1 000 at 9% interest rate with monthly payment $200 over 60 months will bring you $3 593 in return. The final equity will be $16 593.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 200 for 5 years at 9.9% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 5 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 6 years at 9% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 7 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.