A payday loan operation charges an individual $75 against a paycheck of $1500 to be received three weeks from now (i.e. the individual receives $1425 today and provides their paycheck to the lender at the end of three weeks). What simple annual interest rate is the individual being charged? What is the maximal fee the lender could charge under Montana's 36% interest rate limit using simple interest? Would you make the loan to an unsecured third party under these terms