DAILY School Grade Level 11

LESSON Teacher Learning Area GENERAL MATHEMATICS

LOG Date:
Quarter 2
Time:

I. OBJECTIVES NOVEMBER 14, 2022 NOVEMBER 15, 2022 NOVEMBER 16, 2022 NOVEMBER 17, 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. .

● computes interest, maturity value, future value, and present value in simple interest and compound interest environment
C. Learning
M11GM-IIa-b-1
Competencies
● solves problems involving simple and compound interests M11GM-IIb-2

compute interest, maturity Solves problem involving

value, and present value in Solves problem involving simple and compound
Solves problem interest
● Objectives simple interest environment, simple and compound
and solve problems involving involving simple and interest
compound interest compound interest

II. CONTENT
Topic : Simple Interest and Compound Solving Word Problems on Solving Word Problems on Simple Interest and Compound
Interest Compound Interest Compound Interest 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 Recall the formula in Let the students recall how to
lesson or presenting Ask students differentiate the interest, future value and finding the interest, future solve word problems on
the new lesson among logarithmic equations, present value in a simple value and present value in a simple and compound
inequalities, and functions. interest environment. compound interest interest.
Solving is not yet required at environment.
this point.

B. Establishing a We will apply the concepts We will apply the concepts In this lesson, we will put
purpose for the that the we have learned on that the we have learned on together our knowledge in
lesson In this lesson, we will put
the previous lessons on simple the previous lessons on solving words problems in
together our knowledge in
interest in solving real life simple interest in solving simple and compound
solving interest, present value
situations. real life situations. interest.
and future value in simple and
compound interests.

Let the students discuss the steps Allow the students to

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 Ask the students to give one

examples/instances A bank offers 0.25% annual What is the interest of example for simple and
of the new lesson Each student will be given simple interest rate for a P25,000 if invested at 4.5% compound interests finding
meta strip that contains particular deposit. How much compounded annually in 3
the interest, present value and
question to be solve. They will interest will be earned if 1 years and 2 months?
million pesos is deposited in future value.
be given 3 minutes to solve it.
this savings account for 1 Find: Ic
After the time will be group year? F= P(1+r)t
together. = (25,000) (1+0.045)3.1667
Given: P = 1,000,000 r = = 28,739.22
0.25% = 0.0025 t = 1 year Ic = F- P
Find: Is Ic = 28,739.22 – 25,000
Is = Prt The interest is P3,739.22.
= (1,000,000)(0.0025)(1) =
2,500

D. Discussing new Once the students are in the What is the present value of Group the students
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% From the problems created let
#1 interest rate of 7%, an amount each group solve 1 problem
to their classmates how they compounded annually?
earned P11,200 of simple and post their answer on the
get the correct answer. If the
board and share to the class
answer shown is incorrect the interest in two years. How
how they solve their assigned
group will work together to much money was originally problem.
invested? The present value P can be
solve it correctly.
obtained by
Given: r = 7% = 0.07
P =F/(1 + r)t
. t = 2 years
 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 1. If a sum of money placed at
concepts and bank that pays 0.5% simple interest if P10,000 is a compound interest
practicing new skill
interest. How much will be deposited in a bank at 2% doublesitself in 5 years, how
#2
her money after 6 years? compounded monthly for 5 long will it becomes 8 times
years. itself at the same rate of
interest?
Given: P = 10,000
2. Error analysis
i(12) = 0.02
Francis wants to know how
t = 5 years much would he gain after
m = 12 investing his P1 875 at a
5.35% rate for 8 months.
Find: (a)F
Here is his computation:
(b)P
Is= 1 875 (.053) (7)

Is= 99.375(7)
Compute for the interest
rate in a conversion period Is = 695.625
by He gained P695.63.
j =i (12) m Is the solution correct?
=0.02 (12) If not, give the correct
 = 0.0016 computation .

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

= 11,050.7910,000

= P1,050.79

F. Developing Mastery After the students shared their Group work Group work Think- Pair- Share
correct answer, they will show
on the board the questions and Find a partner and solve the
the correct answer so that given problem.
Each group will be given a Each group will be given a
other groups can see it. The
problem to be solved on problem finding for the
students will tell the class how
simple interest. After solving interest, present value and
they arrived their answers. Twenty thousand pesos is
they will report to the class future value in simple deposited in an account that
how did they arrived at their interest. pays 8% interest. Find the
answer. account balance after 8 years
After the group finish if the interest is calculated as
solving the given problem follows:
they will report to the class
(a.) What are the amounts of how did they arrive at their a.) compounded semi-
interest and maturity value of answers. annually
a loan for P150,000 at 6 1 2%
simple interest for 3 years? Solve the given problem. b.) compounded quarterly

c.) simple interest

(b) At what simple interest Group 1

rate per annum will P25,000
accumulate to P33,000 in 5 What is the interest of
years? P25,000 if invested at 4.5%
compounded annually in 3
years and 2 months?

(c) How long will P40,000 Group 2

amount to P51,200 if the
simple interest rate is at 12% What amount must be
per annum? deposited by a 15-year old
student in a bank that pays
1% compounded annually
so that after 10 years he will
have P20,000?
(d) In order to have P200,000 Group 3
in 3 years, how much should
you invest if the simple Find the present value of
interest is 5.5%? P50,000 due in 4 years if
money is invested at 12%
 (e) Angel deposited P20,000 compounded semi-annually
in a bank that pays 0.5%
simple interest. How much Group 4
will be her money after 6 Peter is planning to invest
years? P100,000. Bank A is
offering 5% compounded
semi-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 Suppose that you have After I deposited P500,000 in
applications of websites) and determine the at 15% simple interest for 3 P80,000. You decided to a time deposit were the bank
concepts & skills in interest rates on their savings years. If he intends to have deposit it on a bank and will offered 5% simple interest, I
daily living.
or time deposit accounts. P48 200 at the end of the not withdraw from it for 10 got P550,000. How long did it
term, what must be your years. A bank offers two take me to get my money?
principal ? 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).
How will the investment be
The second account offers
worth after 10 years? 6.5% interest compounded
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 How did you solve the
generalizations & present value and future value problems on simple interest? problems on compound word problems on simple
abstractions about of simple and compound interest? and compound interests?
the lesson
interests ?

I. Evaluating Learning Answer the following Solve the following Solve the following problems.
problems honestly. problems.

1. Nora is thinking of
1. What is interest and 1. Find the compound investing an amount of
A. Simple Interest maturity value of a loan for interest due in 8 years if P30,000 for 2 ½
P150,000.00 at 6.5% simple P28 200 is invested at 10%
interest for 3 years? compounded quarterly? years. Find the future value
based on the following
2. At what simple interest rate investments:
per annum will P25,000.00
accumulate to P33,000.00 in 5 2. Find the future value of a.) Simple interest of 8.5%
years. P12,000 at the end of 5
years and 6 months at 8% b.)8.5% compounded
3. Mr. Seniro invested compounded semi-annually. annually
P150,000.00 at 5% for 8 years c.). Which investment is
and another P150,000.00 at better? Justify your answer.
8% for 5 years. Which 3. If P20 600 is invested in
investment will yield higher 4 ½ years at 12%
interest and by how much? compounded monthly, find 2. An amount of P80 000
the present value. must be invested to have P
128 376.52 after 8 years if
money is worth 6%
compounded simple interest
semi-annually. What amount
 B. Compound Interest must be invested at 5%
compounded annually to have
P128 376.52 after 8 years?

J. Additional activities Worksheets can be given as an Derive some shortcuts in Solve this challenge question.
for application or assignment solving the following simple
remediation
interest problems.
Marina invested half of her
savings in a bank that paid
1. In how many years simple interest for three 3
will money double years and receive P500 at an
itself at 12% per interest. She invested the
annum? remaining half in a bank that
paid for the same 3 years at
2. At what simple the same rate of interest and
interest rate will a sum receive P605 as an interest.
of money become four What is the rate of interest
times of itself in 15 annually?
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?