Shylock Bank offers a savings account with an effective interest rate of $15\%$ and weekly compounding. What is the nominal rate $($APR$)$ on the account?

Question $1$ options:

a$)$

$16\mathrm{.}08\%$

b$)$

$16\mathrm{.}16\%$

c$)$

$14\mathrm{.}05\%$

d$)$

$15\mathrm{.}00\%$

e$)$

$14\mathrm{.}00\%$