A loan shark lends money on the following term: "If I give you $100 on Monday, you owe me $115 on the following Monday." (A) What nominal interest rate per year (r) is the loan shark charging? (B) What effective interest rate per year (ia) is the loan shark charging? (C) If the loan shark started with $60 and was able to keep it, as well as all the money it received, loaned out at all times, how much money (F) did the loan shark have at the end of one year? A loan shark lends money on the following term: "If I give you $100 on Monday, you owe me $115 on the following Monday." (A) What nominal interest rate per year (r) is the loan shark charging? (B) What effective interest rate per year (ia) is the loan shark charging? (C) If the loan shark started with $60 and was able to keep it, as well as all the money it received, loaned out at all times, how much money (F) did the loan shark have at the end of one year