## 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: | $18 000 |

Interest rate: | 9% |

Investment duration: | 60 months |

Final equity: | $24 120 |

Interest: | $5 120 |

### Compound Interest Table

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

1 year | $4 600 | $263 | $4 813 |

2 year | $8 200 | $874 | $8 908 |

3 year | $11 800 | $1 864 | $13 310 |

4 year | $15 400 | $3 267 | $18 046 |

5 year | $19 000 | $5 120 | $23 147 |

$19 000 | $5 120 | $24 120 |

An investment of $1 000 at 9% interest rate with monthly payment $300 over 60 months will bring you $5 120 in return. The final equity will be $24 120.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 300 for 5 years at 9.9% per year with an initial starting balance of 1000
- Monthly deposit of 300 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 300 for 6 years at 9% per year with an initial starting balance of 1000
- Monthly deposit of 300 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.