Invest Ksh 250,000 in Co-op MMF for 20 years.
At Co-op Money Market Fund's current net yield of 6.72% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 958,469 after 20 years — about Ksh 708,469 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 958,469
3.83× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 708,469
At 6.72% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 3,115,535 over the same 20 years — that's -Ksh 2,157,066 less than Co-op Money Market Fund.