Submitted by PotatoWriter t3_127ulgx in personalfinance
Every month this fund pays out some interest. My question is, as an example:

Let's say keeping $10000 in there from beginning to end of a month pays out 100 bucks.

Instead of $10000, let's say I only had $1000 in there for most of March, and then hastily added the remaining $9000 in the last week of that month. Do I get the full amount for that month ($100), or does it matter how long I keep X amount in there? This is all assuming the interest rate stays the same.
Werewolfdad t1_jefv8bp wrote
Interest accrues daily and is paid monthly
There’s no playing cute games with it