Invest Ksh 250,000 at Guaranty Trust Bank for 10 years.
At Guaranty Trust Bank's current weighted-average deposit rate of 8.01%, a Ksh 250,000 deposit grows to about Ksh 555,462 after 10 years — about Ksh 305,462 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 555,462
2.22× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 305,462
At 8.01% 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 637,023 over the same 10 years. Run your own numbers on the compound interest calculator.