## Simulation of investment $1 200 at 8% over 72 months

See how much you may gain if you invest $1 200 at 8% over 72 months period.

Initial equity: | $1 200 |

Sum of payments: | $28 800 |

Interest rate: | 8% |

Investment duration: | 72 months |

Final equity: | $38 625 |

Interest: | $8 625 |

### Compound Interest Table

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

1 year | $6 000 | $302 | $6 244 |

2 year | $10 800 | $1 011 | $11 619 |

3 year | $15 600 | $2 162 | $17 351 |

4 year | $20 400 | $3 788 | $23 468 |

5 year | $25 200 | $5 929 | $30 002 |

6 year | $30 000 | $8 625 | $36 986 |

$30 000 | $8 625 | $38 625 |

An investment of $1 200 at 8% interest rate with monthly payment $400 over 72 months will bring you $8 625 in return. The final equity will be $38 625.

### Alternative simulations

#### Higher interest rate

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

- Monthly deposit of 400 for 6 years at 8.8% per year with an initial starting balance of 1200
- Monthly deposit of 400 for 6 years at 9.6% per year with an initial starting balance of 1200

#### Longer time of investment

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

- Monthly deposit of 400 for 7 years at 8% per year with an initial starting balance of 1200
- Monthly deposit of 400 for 8 years at 8% per year with an initial starting balance of 1200

#### Bigger initial balance

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