If a lender makes a simple loan of $500 for 3 years and charges 7%, then the amount that the lender receive at maturity is S. (Round your response to the nearest two decimal place) If a lender makes a simple loan of $1500 for one year and charges $150 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 A. 6.5% B. 5.0% C. 6.0% D. 65%