You want to invest $19,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 12% that is compounded daily, what is the effective rate of return that you will earn from this investment? 12.832% 13.061% O 12.747% 0 12.65390 Suppose you decide to deposit $19,000 in a savings account that pays a nominal rate of 14%, but interest is compounded daily. Based on a 365-day year, how much would you have in the account after six months? (Hint: To calculate the number of days, divide the number of months by 12 and multiply by 365.) $21,396.25 O $19,969.83 O $20,377.38 $21,192.48