GENERAL
MATH
Quarter II
PICS-A-WORD
WORDS ARE:
• ENTER
• REST
INTEREST
PICS-A-WORD
WORDS ARE:
• SIM
• POOL
SIMPLE
PICS-A-WORD
WORDS ARE:
• COMPUTER
• POUND
COMPOUND
PICS-A-WORD
WORDS ARE:
• PRESS
• SENT
PRESENT
Simple Compound
Interest Present
Basic
Business
Math
Learning Objectives
Competencies
• Illustrate simple
and compound
Illustrates simple and interests.
compound interests. • Investigate if the
M11GM-IIa-1
statement or
situation is a
Distinguishes between simple or compound
interests.
simple and compound • Create a strategy that
interests. will be used to easily
identify a simple and
M11GM-IIa-2
compound interests.
01
Unlock This!
Arrange the jumbled
letters by the given
definition.
Unlocking Your Vocabularies
E-N-D-L-E-R
person (or institution) who
invests the money or makes the
funds available.
Unlocking Your Vocabularies
R-O-D-T-E-B
person (or institution) who
owes the money or avails of
the funds from the lender.
Unlocking Your Vocabularies
I-O-N-I-G-R
date on which money is
received by the borrower.
Unlocking Your Vocabularies
E-T-M-R
amount of time in years the
money is borrowed or invested;
length of time between the
origin and maturity dates.
Unlocking Your Vocabularies
A-T-I-R-Y-M-U-T
date on which the money
borrowed or loaned is to be
completely repaid.
Unlocking Your Vocabularies
L-A-C-P-I-R-N-I-P
amount of money borrowed or
invested on the origin date.
Unlocking Your Vocabularies
E-A-R-T
usually in percent, charged by
the lender, or rate of
increase of the investment.
Unlocking Your Vocabularies
E-T-E-N-I-R-T-S
amount paid or earned for the
use of money.
02
SIMPLE INTEREST
Is = Prt
Definition
For every financial transaction,
whether you borrowed or invested a
certain amount P, a corresponding
percentage of the principal called
interest is being paid.
After the term of the
Definition loan or investment, the
maturity value or future
value F is computed by
Simple Interest (Is)
getting the sum of the
is the interest principal P and the
charged on the interest (Is) due.
principal alone for
the entire duration or
period t of the loan
or investment, at a
particular rate r.
Steps to find the ● Identifythe given
Simple Interest: and the unknown.
● Identifythe formula
and substitute the
given to it.
● Solvefor the value
of the unknown.
● Indicate the proper
unit.
Example
A working student in one of the biggest fast-
food restaurants in Calapan City wants to
save for the upcoming school year. He wants
to deposit his money into a Filipino owned
bank so that even in a simple way he can help
his fellow Filipino. Supposed his monthly
salary is ₱10,000.00 and it was deposited to
an account that earns a simple interest of
2.75% per annum. Find the simple interest
after 6 months, one year, and 18 months.
03
COMPOUND INTEREST
Ic = F - P
Definition
Compound Interest (Ic) is the
interest computed on the principal
and also on the accumulated past
interest, so compound interest is a
way to earn money because you don’t
just earn using your original money,
but also the interest you earned.
Formula:
Maturity/Future Present Value
Value (F) (P)
𝒏 −𝒏
• 𝑭=𝑷 1+𝒊 • 𝑷=𝑭 𝟏+𝒊
𝒓 𝒎𝒕 𝒓 −𝒎𝒕
• 𝑭=𝑷 1+ 𝒎
•𝑷=𝑭 𝟏 +𝒎
Steps to find the ● Identifythe given
Compound Interest: and the unknown.
● Identifythe formula
and substitute the
given to it.
● Solvefor the value
of the unknown.
● Indicate the proper
unit.
Example
Miss Dina, a female resident of Brgy. May
Pagkakaisa, thinks of a business that can
provide for her needs as well as the need of
her neighbors so she can be of help even in
this trying time. Since she doesn’t have
money on hand, she decided to borrow from a
bank with a start-up capital of ₱50,000.00
at 7% interest rate compounded annually and
payable within 5 years. Compute for the
interest yield.
Reminders:
Facemask On Sanitizer Check
Wear your facemask Frequently sanitize
at all times. yourself or clean
your hands often.
Reminders:
Restricted Area Distance Matters
Avoid touching your Observe physical
eyes, nose and distancing.
mouth.
Reminders:
Follow Orders X marks the Spot
Follow all visual Comply with the
reminders on safety affixed markers for
policies. sitting, waiting,
queuing, and the
like.
04
Share It!
I need you, you need me.
Is it Simple or Kim has ₱18,000
Compound? and wants to
deposit at a
bank that
offers 4.5%
compounded
annually for 2
years.
Is it Simple or Joseph borrows
Compound? ₱50,000.00 and
promise to pay
the principal
and interest at
12% compounded
monthly. How
much must he
repay after 6
years?
Is it Simple or How much will
Compound? be the total
money if
₱30,000 is
deposited in a
bank that
caters 3%
interest for 10
years.
Is it Simple or How long will
Compound? it take to earn
an interest of
₱1,500,
investing
₱10,500 at
4.25%?
Is it Simple or A bank offers
Compound? 1.5% interest
rate for a
particular
deposit. How much
interest will be
earned if 1
million pesos is
deposited in this
savings account
for 1 year?
Is it Simple or A loan
Compound? ₱125,000.00 at 8%
compounded
quarterly was
paid back with an
amount of
₱176,000.00 at
the end of the
period. For how
long was the
money borrowed?
Is it Simple or How much must be
Compound? invested today in
a savings account
in order to have
₱50,800.00 in 6
years and 9
months if money
earns 5.4%
compounded semi-
annually?
05
Up or Down?
No WORDS, just ACTIONS.
Up or Down
Directions:
Identify whether Interest is
the given statement the amount of
is TRUE or FALSE. money
Make a STAND if the invested or
statement is borrowed
correct and REMAIN originally.
SEATED if it’s
wrong.
Up or Down
Directions:
Identify whether If you are
the given statement planning to
is TRUE or FALSE. invest,
Make a STAND if the compound
statement is interest is
correct and REMAIN better than
SEATED if it’s the simple
wrong. interest.
Up or Down
Directions:
Identify whether In ordinary
the given statement interest, the
is TRUE or FALSE. interest is
Make a STAND if the computed
statement is based on 365
correct and REMAIN days.
SEATED if it’s
wrong.
Up or Down
Directions:
Identify whether Simple
the given statement interest
is TRUE or FALSE. changes
Make a STAND if the throughout
statement is the
correct and REMAIN investment
SEATED if it’s term.
wrong.
Up or Down
Directions:
Identify whether The longer it
the given statement takes for you
is TRUE or FALSE. to pay a debt
Make a STAND if the the smaller
statement is the interest
correct and REMAIN you pay.
SEATED if it’s
wrong.
06
Evaluation
Assess yourself.
Assessment
Which interest is computed
on the principal and then
added to it?
Assessment
It is the amount after t
years that the lender will
receive from the borrower.
Assessment
Which interest is described
in this: “the interest from
the previous year also earns
interest”?
Assessment
What formula can be used to
find the time in a simple
interest?
Assessment
What formula can be used to
find maturity (future) value
of a compound
interest?
Thank You!
Big numbers catch
your audience’s
attention
