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

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Detailed Lesson Plan in General

Mathematics (Problem-Based Learning)

• Competency: Solve problems involving


simple and compound interests.
• Code: M11GM-IIb-2
Objectives:
• Define compound interest
• Differentiate simple from compound interest
• Compute and solve problems involving
compound interest
• Make the best decision in handling certain
problem involving money resources.
 
Good day
everyone!
Review of the Past Lesson
Complete the table below using the
formula illustrated on the left.

Is
P r t

(a) Php 15, 000.00 (b) 9%


Activity 1:
Pix Mystery Word
T I M E
E F
T I
E S
C L
K N
O IA R
L V
M
S A V E
E F I S L N A R V
I N V E S T
I T E V O N S L F
M O N E Y
O Y M L L N I L E
I N T E R E S T
T R E S I M C E L N I N H T
Activity 2: Together, We Can Solve It!
(20 minutes)

Instructions:
1. The learners will be divided into four groups. Assign a leader,
encoder, time keeper, presenter, and research runner.
2. An activity sheet will be distributed to each group.
3. Each group will work on the items in the worksheet.
4. Guide questions are provided in the worksheet to direct the
learners in their learning task.
5. Each group will write their output on manila paper and present for
3 minutes.
Suggested Rubric
Content 90-100% data 75-89% data 50-74% data Below 50%
and and and data and
evidences evidences evidences evidences
gathered and gathered gathered gathered and
presented and and presented
presented presented
Time Finished on Finished task Finished Did not finish
managemen time after 30 after 1 hour the task
t minutes of of the
the given allotted
time time
Teamwork Accepts ideas Accepts Unwilling to One person
of others; most ideas compromise does all the
able to without ; 50% of the work; 25% of
Word Problem
• 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?
_______________________.
Word Problem
• 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?
_____________________
 
Word Problem
• 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?__________________.
Word Problem Translated into a Table

First Year P 40,000.00 40,000 x 0.06 x 1 = P P 40,000.00 + P2400.00 =


2,400.00 P42,400.00

Second P 42,400.00 42,400.00 x 0.06 x 1 = P P 42,400.00 + P2544.00 =


Year 2544.00 P44,944.00

Third P 44,944.00 44,944 x 0.06 x 1 = P P44,944.00 + P 2696.64 =


Year 2,696.64 P47,640.64

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

Compound Interest = Total amount of


Principal and Interest in future (or
Future Value) less Principal amount at
present (or Present Value)
Ic = F - P
FORMULA

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
Try this!
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
Try this!
Solution
(a) F = 
F = (10,000) 
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.
Activity 4: Performance Output
“ MY MOTHER NEEDS ME”
Directions:
1. I will divide you into 5 groups.
2. Assign your 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) after 3 days.
ActivityYou
4:need
Performance Output
a laptop in your educational research.

THANK YOU! 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.
Thank you and God
Bless !
Mrs. Prilyn S.
Albarico

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