Invest Ksh 100,000 at Victoria Commercial Bank for 10 years.
At Victoria Commercial Bank's current weighted-average deposit rate of 9.70%, a Ksh 100,000 deposit grows to about Ksh 262,768 after 10 years — about Ksh 162,768 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 262,768
2.63× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 162,768
At 9.70% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 100,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 254,809 over the same 10 years. Run your own numbers on the compound interest calculator.