A Rural bank has a special loan for market women in its catchment area called Monday Special where if it gives out GH250 on Monday to a market woman, an amount of GH300 will have to be paid on the following Monday." Assume there are 52 weeks in a year.

i. The nominal interest rate per week charged by the rural bank is Blank 1. Fill in the blank, read surrounding text. %.

ii. The nominal interest rate per year charged by the rural bank is Blank 2. Fill in the blank, read surrounding text. %.

iii. The effective interest rate per year charged by the rural bank is