By BETT KINYATTIMore by this AuthorI told you in a story before how I’m saving and investing in a money market fund, right? Your capital either grows or shrinks as you pump in or withdraw moneyc) Interest is compounded: The interest earned today is added to the interest earned yesterday, rolled forward and it becomes the new interest for the next day. d) The interest rate is an annual rate: To get the interest earned daily, then you must divide this annual rate by 365 (days). I asked my insurance company to send me a breakdown of the daily interest earned on my account for the month of March 2019. Daily interest Shs.

Source: Daily Nation April 30, 2019 10:07 UTC