DAILY School Grade Level 11
LESSON Teacher Learning Area GENERAL MATHEMATICS
LOG Date:
Quarter 2
Time:
I. OBJECTIVES NOVEMBER 7, 2022 NOVEMBER 8, 2022 NOVEMBER 9, 2022 NOVEMBER 10, 2022
A. Content Standard The learner demonstrates understanding of key concepts of simple and compound interests, and simple and general annuities. .
B. Performance
Standard The learner is able to apply investigate, analyze and solve problems involving simple and compound interests and simple and general
annuities using appropriate business and financial instruments. .
● illustrates simple and compound interests. M11GM-IIa-1
C. Learning ● distinguishes between simple and compound interests. M11GM-IIa-2
Competencies
● computes interest, maturity value, future value, and present value in simple interest and compound interest environment
M11GM-IIa-b-1
illustrates simple and
compound interests. M11GM- compute interest, maturity Evaluate student’s learning
compute interest, through printed assessment
IIa-1 value, and present value in
maturity value, and simple interest environment,
present value in simple and solve problems involving
● Objectives interest environment, compound interest.
distinguishes between simple and solve problems
and compound interests. involving simple
M11GM-IIa-2 interest.
II. CONTENT
Topic : Simple Interest and Compound Solving Word Problems on Simple Interest and Compound
Interest Compound Interest Interest
Solving Word Problems on
Simple Interest
III. LEARNING
RESOURCES
A. References
1. Teacher’s Guide General Mathematics Teacher’s General Mathematics Teacher’s General Mathematics
Pages Guide page 156-157 Guide page 156-162 Teacher’s Guide page162 -166
2. Learner’s Material
Pages
3. Textbook Pages
4. Additional
Materials from
Learning
Resources
B. Other Learning TV, laptop, powerpoint
TV, laptop, powerpoint TV, laptop, powerpoint TV, laptop, powerpoint
Resources presentation
presentation presentation presentation
IV. PAMAMARAAN
A. Reviewing previous Recall the formula in finding the Recall the formula in finding Ask students to have a recap on
Ask students differentiate
lesson or presenting interest, future value and the interest, future value and yesterday's topic
among logarithmic equations,
the new lesson present value in a simple present value in a compound
inequalities, and functions.
Solving is not yet required at interest environment. interest environment.
this point.
B. Establishing a We will apply the concepts that We will apply the concepts
purpose for the the we have learned on the that the we have learned on
lesson In this lesson, we will put Give pointers for the
previous lessons on simple the previous lessons on simple
together our knowledge in assessment.
interest in solving real life interest in solving real life
solving interest, present value situations. situations.
and future value in simple and
compound interests.
Let the students discuss the Allow the students to
steps in solving word problems. compare the compound
amounts and the compound
interests when compounded
annually, semi-annually,
quarterly and monthly.
Emphasize that as the
frequency of conversion
periods in a year increases,
the larger the compound
interest, and so, is the
compound amount.
C. Presenting Individual Activity
examples/instances A bank offers 0.25% annual What is the interest of
of the new lesson Each student will be given simple interest rate for a P25,000 if invested at 4.5%
meta strip that contains particular deposit. How much compounded annually in 3
question to be solve. They will interest will be earned if 1 years and 2 months?
be given 3 minutes to solve it. million pesos is deposited in this
savings account for 1 year? Find: Ic
After the time will be group F= P(1+r)t
together. Given: P = 1,000,000 r = 0.25% = = (25,000) (1+0.045)3.1667
0.0025 t = 1 year = 28,739.22
Find: Is Ic = F- P
Is = Prt Ic = 28,739.22 – 25,000
= (1,000,000)(0.0025)(1) = 2,500 The interest is P3,739.22.
D. Discussing new Once the students are in the What is the present value of
concepts and group they will share the P50,000 due in 7 years if
practicing new skill problem they have and show When invested at an annual money is worth 10%
to their classmates how they interest rate of 7%, an amount
#1
compounded annually?
get the correct answer. If the earned P11,200 of simple
answer shown is incorrect the interest in two years. How much
group will work together to money was originally invested?
solve it correctly. The present value P can be
Given: r = 7% = 0.07 obtained by
t = 2 years P =F/(1 + r)t
.
Is = 11,200 = 50,000/(1 + 0.1)7
= 25,657.91
Answer: The present value is
P25,657.9
E. Discussing new Angel deposited P20,000 in a Find the maturity value and
concepts and bank that pays 0.5% simple interest if P10,000 is
practicing new skill interest. How much will be her deposited in a bank at 2%
#2
money after 6 years? compounded monthly for 5
years.
Given: P = 10,000
i(12) = 0.02
t = 5 years
m = 12
Find: (a)F
(b)P
Compute for the interest rate
in a conversion period by
j =i (12) m
=0.02 (12)
= 0.0016
Compute for the total number
of conversion periods given by
n = mt = (12)(5)
= 60 conversion periods.
Compute for the maturity
value using
F = P(1 + j)n
= (10,000)(1 + 0.0016)60
= P11,050.79
Answer: The compound
interest is given by
Ic = F −P
= 11,050.79−10,000
= P1,050.79
F. Developing Mastery After the students shared their Group work Group work
correct answer, they will show
Student check their classmates
on the board the questions and
answers sheets
the correct answer so that Each group will be given a Each group will be given a
other groups can see it. The
students will tell the class how problem to be solved on simple problem finding for the
they arrived their answers. interest. After solving they will interest, present value and
report to the class how did they future value in simple interest.
arrived at their answer.
After the group finish solving
the given problem they will
report to the class how did
(a.) What are the amounts of they arrive at their answers.
interest and maturity value of a
loan for P150,000 at 6 1 2% Solve the given problem.
simple interest for 3 years?
Group 1
(b) At what simple interest rate
per annum will P25,000 What is the interest of
accumulate to P33,000 in 5 P25,000 if invested at 4.5%
years? compounded annually in 3
years and 2 months?
Group 2
(c) How long will P40,000
amount to P51,200 if the simple What amount must be
interest rate is at 12% per deposited by a 15-year old
annum? student in a bank that pays 1%
compounded annually so that
after 10 years he will have
P20,000?
Group 3
(d) In order to have P200,000 in
3 years, how much should you Find the present value of
invest if the simple interest is P50,000 due in 4 years if
5.5%? money is invested at 12%
compounded semi-annually
Group 4
(e) Angel deposited P20,000 in a Peter is planning to invest
bank that pays 0.5% simple P100,000. Bank A is offering
interest. How much will be her 5% compounded semi-
money after 6 years? annually while Bank B is
offering 4.5% compounded
monthly. If he plans to invest
this amount for 5 years, in
which bank should he invest?
G. Finding practical Go to various banks (or their You are investing an amount at Suppose that you have Call students randomly to cite
applications of websites) and determine the 15% simple interest for 3 years. P80,000. You decided to the practical applications of the
concepts & skills in interest rates on their savings If he intends to have P48 200 at deposit it on a bank and will assessment.
daily living.
or time deposit accounts. the end of the term, what must not withdraw from it for 10
be your principal ? years. A bank offers two types
of compound interest
Based on your research, accounts. The first account
experiment with various offers 6% interest
investments (e.g., P1,000 or compounded monthly.
P5,000 or some other amount). The second account offers
How will the investment be 6.5% interest compounded
worth after 10 years? semi-annually.
Which account will you
choose if you want your
money to earn more?
H. Making How did you solve the interest, How did you solve the word How did you solve the word Students generalized their
generalizations & present value and future value problems on compound learning by reflecting on their
abstractions about of simple and compound problems on simple interest? interest? scores and taking notes
the lesson interests ?
of the lessons they need to
review/ restudy
I. Evaluating Learning Answer the following problems Solve the following problems. Checking of students’ output
honestly.
1. Find the compound interest
1. What is interest and maturity due in 8 years if P28 200 is
A. Simple Interest value of a loan for P150,000.00 invested at 10% compounded
at 6.5% simple interest for 3 quarterly?
years?
2. At what simple interest rate
per annum will P25,000.00 2. Find the future value of
accumulate to P33,000.00 in 5 P12,000 at the end of 5 years
years. and 6 months at 8%
compounded semi-annually.
3. Mr. Seniro invested
P150,000.00 at 5% for 8 years
and another P150,000.00 at 8% 3. If P20 600 is invested in 4 ½
for 5 years. Which investment years at 12% compounded
will yield higher interest and by monthly, find the present
how much? value.
B. Compound Interest
J. Additional activities Worksheets can be given as an Derive some shortcuts in solving
for application or assignment the following simple interest
remediation problems.
1. In how many years will
money double itself at
12% per annum?
2. At what simple interest
rate will a sum of money
become four times of
itself in 15 years?
V. REMARKS
VI. REFLECTION
a. No. of learners who
earned 80% in the
evaluation
b. No. of learners who
require additional
activities for
remediation who
scored below 80%
c. Did the remedial
lesson work? No. of
learners who
caught up with the
lesson
d. No. of learners who
continue to require
remediation
e. Which of my
teaching strategies
worked well? Why
did this work?
f. What difficulties
did I encounter
which my principal
or supervisor can
help me solve?
g. What innovation or
localized materials
did I use/discover
which I wish to
share with other
teachers?