Questions re: non-annual compounding period. Please show your work. Thank you!

You want to invest $1?, and are looking for safe investment options. Your hank is offering you a certicate of deposit that pave a nominal rate of 14% that is compounded daily. What is the effective rate of return that vou will earn from this investment? 0 14.93D'ii: O lSE'l-\"fu O 15.24111qu 0 15.20T'i'i: Suppose you decide to deposit $1?,{}DEI in a savings account that pays a nominal rate of 3%, but interest is compounded dailv. Based on a BEE-day vear, how much would you have in the account after 12 months? {Hintz To calculate the number of davs, divide the number of months by 12 and multipiv by 365.) 0 $15,555.51 0 $1?,555.25 0 $15,520.55 0 $15,415.?2