Invest Ksh 500,000 in CPF MMF for 15 years.
At CPF Money Market Fund's current net yield of 6.73% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 1,371,987 after 15 years — about Ksh 871,987 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,371,987
2.74× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 871,987
At 6.73% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 3,316,381 over the same 15 years — that's -Ksh 1,944,394 less than CPF Money Market Fund.