Invest Ksh 2,000,000 in CPF MMF for 20 years.
At CPF Money Market Fund's current net yield of 6.73% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 7,683,100 after 20 years — about Ksh 5,683,100 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 7,683,100
3.84× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 5,683,100
At 6.73% 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 24,924,277 over the same 20 years — that's -Ksh 17,241,177 less than CPF Money Market Fund.