question 3 (1 point) for a 3 - year simple loan of $10000 at 10 percent, the amount to be repaid is…

Explanation:

Step1: Identify simple - interest formula

The formula for simple - interest is $A = P(1+rt)$, where $P$ is the principal amount, $r$ is the annual interest rate (in decimal form), and $t$ is the time in years.

Step2: Convert the interest rate to decimal

Given $r = 10%=0.1$, $P=$10000$, and $t = 3$ years.

Step3: Substitute values into the formula

$A=10000\times(1 + 0.1\times3)$. First, calculate the value inside the parentheses: $0.1\times3=0.3$, then $1 + 0.3=1.3$. Then, $A = 10000\times1.3=$13000$.

Answer:

$13000$ (corresponding to the option $$13000$)