If a lender makes a simple loan of $700 for 3 years and charges 8%, 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 $3000 for one year and charges $30 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. 65% B. 6.0% O C. 6.5% D. 5.0%