San Beda College Alabang

Alabang Hills Village

Alabang, Muntinlupa City
INTEGRATED BASIC EDUCATION DEPARTMENT
S. Y. 2018-2019

PERFORMANCE TASK IN MATH ELECTIVE 10

Business Analysis and Introduction to Calculus
3rdQUARTER

SINKING FUND SCHEDULE

Goal: You want to invest your savings by placing your money in a fund. You decide to save a
portion of your income/salary in a fund that earns 12% interest rate every month for 2 years.

Role: You are a businessman or businesswoman.

Audience:
Your teacher will act as a banker who will save money by giving a regular and equal periodic
payment/deposit in a fund.

Situation / Scenario:
You are a businessman or businesswoman who is investing a portion of your salary/income in a
fund.
You will summarize and accumulate your savings by constructing or making a sinking fund
schedule.

Product:
A written documentation which shows:
1. The complete computations of the different amounts of ordinary annuity (sinking
funds)
2. The organized sinking fund schedule

RUBRICS:

1. Rough draft – 30 points Total Points Points gained

a. Cleanliness/neatness 5
b. Accuracy 10
c. Completeness 5
d. Guide questions 5
e. Punctuality 5
2. Final draft – 20 points /30
a. Format 5
b. Parent’s signature 5
c. Presentation 5
d. Punctuality 5
/20
TOTAL _____/50
 Sinking Fund Schedule
Sum or amount in the fund: Php 13,000.00
Interest rate: 12%
Conversion period: Monthly, m = 12
Term in years = 2 years
Periodic payment deposit: Php 350,655.04
Number of Periodic Interest Increase in Sum or amount in
payment payment fund fund
periods
n R I IF S
1 P13000 P0.00 P13000.00 P13000.00
2 P13000 P130.00 P13130.00 P26,130.00
3 P13000 P261.30 P13261.30 P39,391.00
4 P13000 P393.91 P13393.91 P52,785.21
5 P13000 P527.85 P13527.85 P66,313.06
6 P13000 P663.13 P13663.13 P79,976.19
7 P13000 P799.76 P13799.76 P93,775.95
8 P13000 P937.76 P13937.76 P107,713.00
9 P13000 P1077.14 P14077.14 P121,790.85
10 P13000 P1217.91 P14217.91 P136,008.76
11 P13000 P1360.09 P14360.09 P150,368.54
12 P13000 P1503.69 P14503.69 P164,872.50
13 P13000 P1648.73 P14648.73 P179,521.27
14 P13000 P1795.21 P14795.21 P194,316.48
15 P13000 P1943.16 P14943.16 P209,259.64
16 P13000 P2092.60 P15092.60 P224,352.24
17 P13000 P2243.52 P15243.52 P239,595.76
18 P13000 P2395.96 P15395.96 P254,991.72
19 P13000 P2549.92 P15549.92 P270,541.64
20 P13000 P2705.42 P15705.42 P286,247.06
21 P13000 P2862.47 P15862.47 P302,109.53
22 P13000 P3021.10 P16021..10 P318,130..63
23 P13000 P3181.31 P16181.31 P334,111.94
24 P13000 P3342.12 P16343.12 P355,655.06

Solution for sum or amount in the fund – S

(𝟏+𝒊)𝒏 −𝟏
S=R⌈ ⌉ S=13000[(1+.01)24-1÷.01]
𝒊
S=Php 350,655.04
 Guide Questions:

1. What have you noticed with the interest and the amount or sum in the fund
as you reach the repayment period?
___________________________________________________________
_________________________________________________________
2. Would there be a period when a periodic payment or deposit is equal with
the sum or amount in the fund? Explain.
___________________________________________________________
___________________________________________________________
3. How do you compute the periodic payment or deposit? Show a concrete
solution.
___________________________________________________________
__________________________________________________________

That in all things God may be glorified

ACKNOWLEDGE SLIP

Date: _________________

This is to certify that I have seen my child’s THIRD QUARTER PERFORMANCE TASK 1 in
MATHEMATICS ELECTIVE 10.

______________________________ ___________________ ____________________

Student’s Name Grade & Section Parent’s Signature
Over Printed Name