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If a lender makes a simple loan of $ 6 0 0 for 2 years and charges 5 % , then the amount that the

If a lender makes a simple loan of $600 for 2 years and charges 5%, then the amount that the lender receive at maturity is $660.(Round your response to the nearest two decimal place)
If a lender makes a simple loan of $2000 for one year and charges $50 interest, then the simple interest rate on that loan is 2.5%.(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.5.0%
B.6.5%
C.65%
D.6.0%
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