A beam AB of length 1 m is supported horizontally at A and B. A weight of 500 N is attached on the rod at C. If the support at A can not bear a pressure more than 300 N, find the distance of C from A, when the support A is about to fail.
A loan company charges 15% simple interest on P500 loan. How much will be repaid if the loan is paid back in one lump sum after 3 years?
If you borrowed money from your friend with simple interest of 12%, find the present worth of P50,000 which is due at the end of 7 months.