Invest Ksh 5,000,000 at Guardian Bank for 5 years.
At Guardian Bank's current weighted-average deposit rate of 8.17%, a Ksh 5,000,000 deposit grows to about Ksh 7,512,389 after 5 years — about Ksh 2,512,389 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 7,512,389
1.50× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 2,512,389
At 8.17% 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 7,981,374 over the same 5 years. Run your own numbers on the compound interest calculator.