Invest Ksh 250,000 in African Alliance MMF for 10 years.
At African Alliance MMF's current net yield of 4.97% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 410,932 after 10 years — about Ksh 160,932 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 410,932
1.64× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 160,932
At 4.97% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 882,544 over the same 10 years — that's -Ksh 471,612 less than African Alliance MMF.