Invest Ksh 5,000,000 in Old Mutual MMF for 20 years.
At Old Mutual Money Market Fund's current net yield of 8.21% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 25,822,682 after 20 years — about Ksh 20,822,682 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 25,822,682
5.16× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 20,822,682
At 8.21% 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 62,310,691 over the same 20 years — that's -Ksh 36,488,009 less than Old Mutual Money Market Fund.