If a lender makes a simple loan of $700 for 2 years and charges 7%, then the amount that the lender receive at maturity is $ If a lender makes a simple loan of $500 for one year and charges $150 interest, then the simple interest rate on that loan is 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 (Round your response to the nearest two decimal place) %. (Round your response to the nearest whole number)