9. Josh has a low credit rating, plus he was furloughed from his job 2 months ago. He has a new job starting next week and expects a salary to start in a couple of weeks. Since he is a little short on money to pay his rent, he decided to borrow $200 from a loan company, which will charge him only $10 interest if the $110 is paid no more than 1 month after the loan is made. What are the a) nominal annual and b) effective annual interest rates that he will pay on this loan