Invest Ksh 250,000 at Credit Bank for 1 years.
At Credit Bank's current weighted-average deposit rate of 12.68%, a Ksh 250,000 deposit grows to about Ksh 283,609 after 1 year — about Ksh 33,609 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 283,609
1.13× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 33,609
At 12.68% 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 274,512 over the same 1 year. Run your own numbers on the compound interest calculator.