## Simulation of investment $20 000 at 5% over 24 months

See how much you may gain if you invest $20 000 at 5% over 24 months period.

Initial equity: | $20 000 |

Sum of payments: | $0 |

Interest rate: | 5% |

Investment duration: | 24 months |

Final equity: | $22 050 |

Interest: | $2 050 |

### Compound Interest Table

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

1 year | $20 000 | $1 000 | $20 810 |

2 year | $20 000 | $2 050 | $21 661 |

$20 000 | $2 050 | $22 050 |

An investment of $20 000 at 5% interest rate with monthly payment $0 over 24 months will bring you $2 050 in return. The final equity will be $22 050.

### 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.