Invest Ksh 5,000,000 in Apollo MMF for 20 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 21,185,037 after 20 years — about Ksh 16,185,037 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 21,185,037
4.24× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 16,185,037
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 62,310,691 over the same 20 years — that's -Ksh 41,125,655 less than Apollo Money Market Fund.