q2 Activity 3 Genmath
q2 Activity 3 Genmath
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OFFICE OF CAVITE PROVINCE
ROSARIO DISTRICT
BAGBAG NATIONAL HIGH SCHOOL-SENIOR HIGH SCHOOL
BAGBAG II, ROSARIO, CAVITE
GENERAL MATHEMATICS
FIRST SEMESTER – SECOND QUARTER
S.Y. 2024-2025
COMPOUND INTEREST
ACTIVITY NO. 3
You wanted to put up a business and planning to apply for a loan for your starting capital. The lending
company where you inquire offers Flexi Loan for new entrepreneurs but the type of interest to be
used is compound interest. Flexi Loan is a program wherein the new entrepreneur will propose the
term of loan and payment subject for the approval of the management. Suppose you are a new
entrepreneur, make a proposal for your loan using a compound interest environment.
LOAN PROPOSAL
Name:_________________________________________________________________________________
Business to put up:__________________________________________________________________
Brief Description of Business:_____________________________________________________
_________________________________________________________________________________________
Source of Funds:_____________________________________________________________________
Amount of Loan:_____________________________________________________________________
Nominal Rate:________________________________________________________________________
Frequency of Conversion:__________________________________________________________
Time in Years:________________________________________________________________________
Compound Interest:_________________________________________________________________