Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 19,169,380 after 20 years — about Ksh 14,169,380 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 19,169,380
3.83× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 14,169,380
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 62,310,691 over the same 20 years — that's -Ksh 43,141,312 less than Co-op Money Market Fund.