Invest Ksh 250,000 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 250,000 deposit grows to about Ksh 310,455 after 3 years — about Ksh 60,455 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 310,455
1.24× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 60,455
At 7.22% 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 364,988 over the same 3 years — that's -Ksh 54,533 less than Apollo Money Market Fund.