Invest Ksh 2,000,000 in Co-op MMF for 3 years.
At Co-op Money Market Fund's current net yield of 6.72% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 2,446,672 after 3 years — about Ksh 446,672 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,446,672
1.22× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 446,672
At 6.72% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,919,906 over the same 3 years — that's -Ksh 473,234 less than Co-op Money Market Fund.