## Simulation of investment $1 000 at 8% over 36 months

See how much you may gain if you invest $1 000 at 8% over 36 months period.

Initial equity: | $1 000 |

Sum of payments: | $14 400 |

Interest rate: | 8% |

Investment duration: | 36 months |

Final equity: | $17 510 |

Interest: | $2 110 |

### Compound Interest Table

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

1 year | $5 800 | $286 | $6 031 |

2 year | $10 600 | $978 | $11 392 |

3 year | $15 400 | $2 110 | $17 109 |

$15 400 | $2 110 | $17 510 |

An investment of $1 000 at 8% interest rate with monthly payment $400 over 36 months will bring you $2 110 in return. The final equity will be $17 510.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 400 for 3 years at 8.8% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 3 years at 9.6% 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 400 for 4 years at 8% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 5 years at 8% per year with an initial starting balance of 1000

#### Bigger initial balance

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