## Simulation of investment $1 000 at 4% over 60 months

See how much you may gain if you invest $1 000 at 4% over 60 months period.

Initial equity: | $1 000 |

Sum of payments: | $12 000 |

Interest rate: | 4% |

Investment duration: | 60 months |

Final equity: | $14 496 |

Interest: | $1 496 |

### Compound Interest Table

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

1 year | $3 400 | $92 | $3 474 |

2 year | $5 800 | $283 | $6 029 |

3 year | $8 200 | $578 | $8 668 |

4 year | $10 600 | $981 | $11 395 |

5 year | $13 000 | $1 496 | $14 212 |

$13 000 | $1 496 | $14 496 |

An investment of $1 000 at 4% interest rate with monthly payment $200 over 60 months will bring you $1 496 in return. The final equity will be $14 496.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 200 for 5 years at 4.4% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 5 years at 4.8% 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 4% per year with an initial starting balance of 1000
- Monthly deposit of 200 for 7 years at 4% per year with an initial starting balance of 1000

#### Bigger initial balance

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