## Simulation of investment $12 000 at 6% over 24 months

See how much you may gain if you invest $12 000 at 6% over 24 months period.

Initial equity: | $12 000 |

Sum of payments: | $0 |

Interest rate: | 6% |

Investment duration: | 24 months |

Final equity: | $13 483 |

Interest: | $1 483 |

### Compound Interest Table

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

1 year | $12 000 | $720 | $12 583 |

2 year | $12 000 | $1 483 | $13 201 |

$12 000 | $1 483 | $13 483 |

An investment of $12 000 at 6% interest rate with monthly payment $0 over 24 months will bring you $1 483 in return. The final equity will be $13 483.

### Alternative simulations

#### Higher interest rate

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

#### Longer time of investment

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

#### Bigger initial balance

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