Invest Ksh 250,000 at ABSA Bank Kenya for 5 years.
At ABSA Bank Kenya's current weighted-average deposit rate of 8.88%, a Ksh 250,000 deposit grows to about Ksh 389,096 after 5 years — about Ksh 139,096 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 389,096
1.56× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 139,096
At 8.88% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 250,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 399,069 over the same 5 years. Run your own numbers on the compound interest calculator.