Invest Ksh 5,000,000 at Access Bank Kenya for 3 years.
At Access Bank Kenya's current weighted-average deposit rate of 10.31%, a Ksh 5,000,000 deposit grows to about Ksh 6,803,361 after 3 years — about Ksh 1,803,361 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 6,803,361
1.36× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 1,803,361
At 10.31% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 5,000,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 6,619,643 over the same 3 years. Run your own numbers on the compound interest calculator.