You invest $x in an account paying y% interest compounded daily. What is the account's effective annual yield? Assume 365 days in a year.

a) (x ⋅ (1 + y/100)³⁶⁵)
b) (x ⋅ (1 + y/365)¹⁰⁰)
c) (x ⋅ (1 + y/100)³⁶⁵)
d) (x ⋅ (1 + 365/y)¹⁰⁰)