If a lender makes a simple loan of $300 for 4 years and charges 7%, then the amount that the lender receive at maturity is $(Round your response to the nearest two decimal place) If a lender makes a simple loan of $2500 for one year and charges $110 interest, then the simple interest rate on that loan is %. (Round your response to the nearest whole number) If a borrower must repay $106.50 one year from today in order to receive a simple loan of $100 today, the simple interest on this loan is OA. 6.5% OB. 5.0% OC. 6.0% OD. 65%