Invest Ksh 500,000 in Dry Associates MMF for 15 years.
At Dry Associates Money Market Fund's current net yield of 7.82% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 1,615,634 after 15 years — about Ksh 1,115,634 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,615,634
3.23× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 1,115,634
At 7.82% 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 1,700,748 less than Dry Associates Money Market Fund.