Invest Ksh 5,000,000 in Equity MMF for 10 years.
At Equity Money Market Fund's current net yield of 4.09% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 7,526,386 after 10 years — about Ksh 2,526,386 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 7,526,386
1.51× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 2,526,386
At 4.09% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 17,650,877 over the same 10 years — that's -Ksh 10,124,491 less than Equity Money Market Fund.