b. A Rural bank has a special loan for market women in its catchment area called Monday Special where if it gives out GHE250 on Monday to a market woman, an amount of GHe300 would have to be paid on the following Monday. Assume there are 52 weeks in a year. (i) What nominal interest rate per year is the rural bank charging? (3 marks) (ii) What effective interest rate per year is the rural bank charging? (3 marks) (iii) A particular market woman took part in the Special Monday loan programme every week for a whole year. How much interest did the rural bank earn from the initial GH&250 offered to this market woman at the end of the year? ( 3 marks)