Guided

Noteboo
k in
GED10
Task List
2
W e e k 6 l e s s
Lesson 7 considers mathematical modelling using

(Mathe the concept of functions. Lesson 8 focuses on the

systematic approach of discrete models through
combinatorial approaches. Lastly, Lesson 9 presents
application opportunities in the field of financial

matics
management through the concepts of annuity,
stocks, bonds and mutual funds.

Keep track of your progress in this lesson by

(5
in the checking the number corresponding to each task.
points)

✓ 1. Read/Watch Module 2 Lesson 7

Modern
World)
FOURTH QUARTER, SY2020-2021 GED 102 WEEK 6

✓ 2. Read/Watch Module 2 Lesson 8

✓ 3. Read/Watch Module 2 Lesson 9

✓ 4. Answer HW in WebAssign.

✓ 5. Accomplish and submit WGN 9

Lesson 7. Applications of Functions

Highlights

A. Give the definition of linear and quadratic function in terms of formula and
geometric meaning. (8 points)

Linear Function: 𝑓 𝑥 = 𝑚𝑥 + 𝑏. A linear function is graphed by taking 2 points, plot

them in rectangular coordinate, then connect with a straight line. Linear equation
has

an exponent of one.
FOURTH QUARTER, SY2020-2021 GED 102 WEEK 6

2
Quadratic Function: 𝑓 𝑥 = 𝑎𝑥 + 𝑏𝑥 + 𝑐 , 𝑎 ≠ 0. The graph of a quadratic function is

a parabola that opens either upward or downward. Quadratic equation has an

equation that equals to two.

B. Define exponential function and give its practical significance. (6 points)

- The exponential function with base 𝑏 is defined by 𝑓(𝑥) = 𝑏x, where 𝑏 > 0, 𝑏 ≠ 1,
and

𝑥 is any real number. Exponential function will consider constant base and a
variable

exponent. Exponential function can be used in order to measure decay or growth.

C. Define logarithmic function and give its practical significance. (6 points)

- Logarithmic function is based from exponential function. It is basically the inverse

the exponential function. Logarithmic function can be used to solve and explore the

properties of exponential functions.

Lesson 8. COMBINATORICS AND PROBABILITY

Highlights

A. What is Combinatorics? (5 points)

- Combinatorics is about counting the number of ways an event may occur. For

instance, you want to know on how many possible arrangements of 5 men sit in a

circle? That would be 24 arrangements.

FOURTH QUARTER, SY2020-2021 GED 102 WEEK 6

B. State the Multiplication Rule of Counting. (5 points)

- The multiplication rule states that you should multiply the number of outcomes in

together to get the total number of outcomes.

C. State the Addition Rule of Counting. (5 points)

- The addition rule states that the probability of two events is the sum of the
probability that events will happen minus the probability both will happen.

D. Describe the 2 approaches of defining probability. (10 points)

Classical approach - method is used when an n outcomes will be the same for each

or it has the same probability of occurring this is describe by 1/n.

Subjective approach – is a method that uses personal judgment or experience

about the probability of the outcome. It contains no formal calculations.

Lesson 9. Financial Mathematics

Highlights

A. Explain the difference between simple and compound interest. (6 points)

- The difference between simple and compound interest is the amount of money
that

will be accumulated in the end of a period. Simple interest is based on the principal

amount of a loan or deposit. In contrast, compound interest is based on the

principal

amount and the interest that accumulates on it in every period.

FOURTH QUARTER, SY2020-2021 GED 102 WEEK 6

B. What is an annuity? (6 points)

- Annuity is an insurance a specified income that you receive after you retire. These

are insurance contracts that promises to pay you a regular income immediately or
in

the future.

C. What is Finance Charge? When is it applied? (6 points)

- A finance change is the amount of interest paid by the customer who purchases

product items using a credit card. This is applied to credit card balances that are
not

paid before the grace period.

D. Give a precise and concise definition of the following: (12 points)

1. Stocks - Stocks is a financial instrument. It is the capital raised by a business
or corporation through the issue and subscription of shares.

2. Bonds - Bonds is also a financial instrument that represents a loan made by

an investor to a borrower. These are units of corporate debt issued by
companies and securitized stradable assets.

3. Mutual Funds - These is a professionally managed investment scheme,

usually run by an asset management company that brings together a group
of people and invests their money in stocks, bonds and other securities.