What is effective annual yield? Choose the correct answer beloww O A. The effective annual yield is the simple interest ate that produces haif the amount of money in an account at the end of one year as when the account is O B. The effective annual yield is th interest rate that produces twice the amount of money in an account at the end of one year as when the account is subjected to compound interest at a stated rate subjected to compound interest at a stated rate The effective annual yield is the compound interest rate O C. The effective annual yield is the simple interest rate that pr roduces the same amount of money in an account at the end of one year as when the account is O D. The effective annual yield is the simple interest rate O E