Invest Ksh 250,000 in Apollo MMF for 5 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 358,678 after 5 years — about Ksh 108,678 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 358,678
1.43× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 108,678
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 469,719 over the same 5 years — that's -Ksh 111,041 less than Apollo Money Market Fund.