Invest Ksh 250,000 in Equity MMF for 3 years.
At Equity Money Market Fund's current net yield of 4.09% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 282,634 after 3 years — about Ksh 32,634 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 282,634
1.13× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 32,634
At 4.09% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 364,988 over the same 3 years — that's -Ksh 82,354 less than Equity Money Market Fund.