Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 6,116,679 after 3 years — about Ksh 1,116,679 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,116,679
1.22× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 1,116,679
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 7,299,765 over the same 3 years — that's -Ksh 1,183,086 less than Co-op Money Market Fund.