Invest Ksh 5,000,000 in Apollo MMF for 15 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 14,766,053 after 15 years — about Ksh 9,766,053 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 14,766,053
2.95× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 9,766,053
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 33,163,811 over the same 15 years — that's -Ksh 18,397,758 less than Apollo Money Market Fund.