| Period (months) |
Opening Balance |
Interest Earned |
Closing Balance |
| 1 |
$100,000 |
$5,300 |
$105,300 |
| 2 |
$105,300 |
$5,581 |
$110,881 |
| 3 |
$110,881 |
$5,877 |
$116,758 |
| 4 |
$116,758 |
$6,188 |
$122,946 |
| 5 |
$122,946 |
$6,516 |
$129,462 |
| 6 |
$129,462 |
$6,861 |
$136,323 |
| 7 |
$136,323 |
$7,225 |
$143,548 |
| 8 |
$143,548 |
$7,608 |
$151,157 |
| 9 |
$151,157 |
$8,011 |
$159,168 |
| 10 |
$159,168 |
$8,436 |
$167,604 |
| 11 |
$167,604 |
$8,883 |
$176,487 |
| 12 |
$176,487 |
$9,354 |
$185,841 |
|
