Invest Ksh 1,000,000 in Co-op MMF for 1 years.
At Co-op Money Market Fund's current net yield of 6.72% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 1,069,503 after 1 year — about Ksh 69,503 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,069,503
1.07× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 69,503
At 6.72% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,134,435 over the same 1 year — that's -Ksh 64,932 less than Co-op Money Market Fund.