Invest Ksh 2,000,000 in Apollo MMF for 3 years.
At Apollo Money Market Fund's current net yield of 7.22% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,483,641 after 3 years — about Ksh 483,641 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,483,641
1.24× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 483,641
At 7.22% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,919,906 over the same 3 years — that's -Ksh 436,265 less than Apollo Money Market Fund.