Republic of the Philippines

Department of Education
Region VI- Western Visayas
Division of Antique

Detailed Lesson Plan in General Mathematics (Problem-Based Learning)

SOUTHERN BUGASONG NATIONAL HIGH
School Grade Level 11
GRADE 11 SCHOOL
DAILY Teacher GEMMA C. MAGDATO Learning Area GENERAL MATH
LESSON LOG Teaching Dates and
60 minutes Quarter 1st Quarter
Time

I. OBJECTIVES
A. Content Standard The learners demonstrate an understanding of key concepts of compound interests.

B. Performance Standard The learners investigate, analyze and solve problems involving compound interests.

C. Competency The learners solve problems involving simple and compound interests. (M11GM-IIb-2)

D. Learning Objectives At the end of the period, the students should be able to:
A. define compound interest;
B. differentiate simple from compound interest;
C. compute and solve problems involving compound interest; and
D. make the best decision in handling certain problem involving money resources.

II. CONTENT Problem Solving Involving Maturity Value and Compound Interest (Annual)
III. Learning Resources
A. References
1. Teacher’s Guide pages General Mathematics pp.144-150
2. Learner’s Materials pages General Mathematics pp. 162-167
Oronce, O. (2016). General Mathematics. Rex Book Store Inc. pp. 196-202

3. Textbook pages
4. Additional Materials from Learning
Resource (LR) portal

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Department of Education
Region VI- Western Visayas
Division of Antique

B. Other Learning Resource https://www.investopedia.com/terms/c/compoundinterest.asp

IV. PROCEDURES
Preliminary Activities (5) Prayer: Praise in a song. ( PPT)
Checking of attendance:

Reviewing Previous Lesson (5minutes) Ask the students to complete the table using the formula illustrated on the left.

Is

P t
r
Answers: (a) Php 15, 000.00

(b) 9%

Well done! You have mastered our previous lesson. This time we will proceed to the next topic.

A. Activities (20minutes) Activity 1: (5 minutes)

Pix Mystery Word
Instructions: 1. Group the students into 2.
2. Show pictures displaying time, save, invest, money, interest.
3. The group gives first the correct answer will receive a point.
4. Let the students name the pictures that will be flashed on the screen.
5. The group garnered the higher points will be declared as winner.

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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

Answers: Time Save Invest Interest Money

In what situations do we use these words?

Answers: Time, Save, Invest, Money, Interest are words used in loans or depositing
money in banks and other cooperative groups (including banks in the locality).

Activity 2: Together, We Can Solve It! (15 minutes)

Instructions:
1. The learners will be divided into four groups. Assign a leader, encoder, time keeper,
2. presenter, and research runner.
3. An activity sheet will be distributed to each group.
4. Each group will work on the items in the worksheet for 8 minutes.
5. Guide questions are provided in the worksheet to direct the learners in their learning task.
6. Each group will write their output on manila paper and present for 3 minutes.

Suggested Rubric.
Note: Allow the students to formulate their own rubric or revise the suggested one.
Category Exceptional Admirable Acceptable Attempted
4 points 3 points 2 points 1 point
Content 90-100% data and 75-89% data and 50-74% data and Below 50% data and
evidences gathered evidences gathered and evidences evidences gathered
and presented presented gathered and and presented
presented

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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

Time Finished on time Finished task after 30 Finished after 1 Did not finish the task
management minutes of the given time hour of the
allotted time
Teamwork Accepts ideas of Accepts most ideas Unwilling to One person does all
others; able to without negative compromise; 50% the work; 25% of the
compromise; 100% comments; able to of the members members work on
of the members are compromise; 75% of the work on task task.
on task members work on task

Problem No.1
Arthur borrowed P40,000.00 at 6% simple interest for a period of 1 year. At the end of one year, how much must he pay?
_______________________.
Answer: Php 42,400.00

Problem No.2

If Arthur did not pay back the loan and the interest by the end of the first year and he wanted to continue the loan for
another year at the same rate, then he would owe P40, 000.00 plus interest incurred during the first year of loan. How much must
he pay at the end of the second year? _____________________

Answer: Php 44,944.00

Problem No.3

At the end of the second year, Arthur was not able to pay his loan and the interest again. The lender gave him another year
under the same condition, how much must he pay at the end of the third year?__________________.
Answer: Php 47, 640.64

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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

B. Analysis Have the learners answer these questions.

1. How did you find the problem?
2. How did you come up with your answers?
3. Did this problem happened in your family?
4. How did you come up with a solution to the problem?

Say: Let us summarize your work by completing the table.

Note: (Both the teacher and the students will work on this.)

Principal at the Interest Amount

start of the year at end of the year
First Year P 40,000.00 40,000 x 0.06 x 1 = P 2,400.00 P 40,000.00 + P2400.00 = P42,400.00
Second Year P 42,400.00 42,400.00 x 0.06 x 1 = P 2544.00 P 42,400.00 + P2544.00 = P44,944.00
Third Year P 44,944.00 44,944 x 0.06 x 1 = P 2,696.64 P 44,944.00 + P 2696.64 = P47,640.64

A. Have the learners answer the questions below:

1. What can you say on the principal and the amount added to it every year if payment is not made regularly?
Answer: The principal amounts are not the same (increasing speedily) as well as the amount of interests added, if payment
is not made regularly
2. What pattern can you see in determining the amount to be paid at the end of the year from first year up to third year?
Answer: The interest represented by 1 +r is multiplied by itself according to the maturity period expressed in years is
multiplied to original amount (principal).
3. Would it be helpful for you to apply for a loan? Support your answer.
4. How would you describe this type of transaction?
This transaction involves compound interest.
5. Can you give the formula in computing compound interest? Ic = F – P
6. How about the amount to be paid on the maturity date? F = P(1 + r)t

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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

C. Abstraction (10 minutes) Compound Interest (Ic )(or compounding interest) is interest calculated on the initial principal and also on the accumulated interest
of previous periods of a deposit or loan.
- Thought to have originated in 17th century, Italy, compound interest can be thought of as “interest on interest,” and will
make a sum grow at a faster rate than simple interest, which is calculated only on the principal amount.

- The rate at which compound interest accrues depends on the frequency of compounding such that the higher the number
of compounding periods, the greater the compound interest. Thus, the amount of compound interest accrued on
Php100,000 compounded at 10% annually will be lower than that on Php100,000 compounded at 5% semi-annually over
the same time period.

Maturity Value or Future Value (F) – amount after t years that the lender receives from the borrower on the maturity date.

Compound Interest = Total amount of Principal and Interest in future (or Future Value) less Principal amount at present (or Present
Value)

Ic = F - P

Maturity (Future) Value and Compound Interest (Compounded Annually)

F = P(1 + r)t
where,
P = principal or present value
F = maturity (future) value at the end of the term
r = interest rate
t= term/time in years
IC = compound interest

D. Application (10 minutes) Activity 3: Problem Solving

Have the students to solve this problem:
Note: Solutions should be presented.

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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

Find the maturity value and the compound interest if Php10,000 is compounded annually at an interest rate of 2% in 5 years.
Given: 10,000 r = 2% 0.02 t= 5 years
Find: (a) maturity value F
(b) compound interest Ic

Solutions:
(a) F = P(1 +r)𝑡
F = (10,000) (1 + 0.02)5
F = 11, 040.81
(b) Ic = F – P
Ic = 11,040.81 – 10,000
Ic = 1, 040.81
Answer: The future value F is Php11,040.81 and the compound interest is Php1, 040.81.

Say: Now, you learned already about compound interest. Can you differentiate it with simple interest?

V. Additional Activity Activity 4: “MOTHER NEEDS ME”

Due Date: Three (3) days after the Directions:
discussion 1. Divide the class into 5 groups.
2. Assign a leader, interviewer, encoder, time keeper, presenter, and research runner.
3. Read the given situation.
4. Make a survey report
5. Present the output to the class (power point presentation)
6. Reports should be supported with pictures
7. Submit your output (soft copy, hard copy and power point presentation) on Monday

You need a laptop in your educational research. Your mother doesn’t have enough money to purchase the item. She
decides to acquire the said item through a loan which is offered in your local cooperatives and banks. Help your mother in
making a decision on where to apply for a loan. Conduct a survey of the existing cooperatives, banks and other lending company
in your locality.
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 Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique

VI. REMARKS
VII. 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 lessons work? No. of learners who have
caught up with the lesson
D. No. of learners who continue to require remediation
E. Which of my teaching strategies worked well? Why did
these 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?

Prepared by:

GEMMA C. MAGDATO
SHS Teacher III, SBNHS

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Republic of the Philippines
Department of Education
Region VI- Western Visayas
Division of Antique