## Simulation of investment $1 100 at 6% over 60 months

See how much you may gain if you invest $1 100 at 6% over 60 months period.

Initial equity: | $1 100 |

Sum of payments: | $12 000 |

Interest rate: | 6% |

Investment duration: | 60 months |

Final equity: | $15 437 |

Interest: | $2 337 |

### Compound Interest Table

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

1 year | $3 500 | $143 | $3 616 |

2 year | $5 900 | $439 | $6 256 |

3 year | $8 300 | $897 | $9 026 |

4 year | $10 700 | $1 526 | $11 936 |

5 year | $13 100 | $2 337 | $14 993 |

$13 100 | $2 337 | $15 437 |

An investment of $1 100 at 6% interest rate with monthly payment $200 over 60 months will bring you $2 337 in return. The final equity will be $15 437.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 200 for 5 years at 6.6% per year with an initial starting balance of 1100
- Monthly deposit of 200 for 5 years at 7.2% per year with an initial starting balance of 1100

#### Longer time of investment

See how much you could gain if time of investment were longer.

- Monthly deposit of 200 for 6 years at 6% per year with an initial starting balance of 1100
- Monthly deposit of 200 for 7 years at 6% per year with an initial starting balance of 1100

#### Bigger initial balance

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