2) Chun is ready to apply for a credit card and noticed that all credit cards are compounded daily (365 days per year). In trying to compare credit cards, Chun saw that the Bank of Montreal credit card's nominal interest rate was 24.9%, while CIBC's was 25.5%. She then noticed that the Bank of Nova Scotia's credit card had an effective interest rate of 27.36%. She is looking for the lowest interest rate in case she cannot make a credit card payment on time. Which credit card(s) would you recommend Chun apply for? (round to two decimal places) a) CIBC's credit card b) Bank of Nova Scotia's credit card c) Bank of Montreal's credit card d) Either the Bank of Montreal or Nova Scotia's credit card as the interest rates are equivalent e) Either the CIBC or the Bank of Nova Scotia's credit card as the interest rates are equivalent