Invest Ksh 5,000,000 in Apollo MMF for 1 years.
At Apollo Money Market Fund's current net yield of 7.22% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 5,374,313 after 1 year — about Ksh 374,313 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 5,374,313
1.07× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 374,313
At 7.22% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 5,672,175 over the same 1 year — that's -Ksh 297,862 less than Apollo Money Market Fund.