Invest Ksh 500,000 at Bank of Africa Kenya for 3 years.
At Bank of Africa Kenya's current weighted-average deposit rate of 9.52%, a Ksh 500,000 deposit grows to about Ksh 664,531 after 3 years — about Ksh 164,531 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 664,531
1.33× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 164,531
At 9.52% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 500,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 661,964 over the same 3 years. Run your own numbers on the compound interest calculator.