Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 5,347,514 after 1 year — about Ksh 347,514 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 5,347,514
1.07× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 347,514
At 6.72% 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 5,672,175 over the same 1 year — that's -Ksh 324,661 less than Co-op Money Market Fund.