Invest Ksh 500,000 in Dry Associates MMF for 5 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 739,198 after 5 years — about Ksh 239,198 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 739,198
1.48× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 239,198
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 939,438 over the same 5 years — that's -Ksh 200,240 less than Dry Associates Money Market Fund.