Grade Level: Subject:

Daily Teacher: XI General Mathematics

Lesson JOSEPH ERIC G. BAUTISTA

Date and Time:
March 6, 2020

Log 8:30 – 9:30

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

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

Learning
Competency/Objectives The learners solve problems involving simple and compound interests. (M11GM-IIb-2)
(write the LC code for
each)
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.
II. Content Problem Solving Involving Maturity Value and Compound Interest (Annual)
1. Teaching guide page General Mathematics pp.144-150
2. Learner’s Material page General Mathematics pp. 162-167
3. Textbook page
4. Additional Learning
Materials from LM Portal
B. Other Learning
Resources
IV. Procedures
Ask the students to complete the table using the formula illustrated on the figure.
A. Review previous lesson
and/or present new lesson Answers: a = Php 15, 000.00 ; b = 9%

B. Establish a purpose for
the lesson
Activity: (5 minutes)
Pix Mystery Word
Instructions: 1. Group the students into 2.
2. Show pictures displaying time, save, and investment, 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.

Answers: Time Save Invest Interest Money

C. Presenting Introduce the lesson of the day as well as the lesson objectives. After which discuss the following concepts.
examples/instances and
non- examples of the lesson Compound Interest (Ic )(or compounding interest) is the 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
 Activity : Together, We Can Solve It! (20 minutes)
D. Discussing new Instructions:
concepts and practicing 1. The learners will be divided into four groups. Assign a leader, encoder, time keeper, presenter, and research runner.
new skills #1 2. An activity sheet will be distributed to each group.
3. Each group will work on the items in the worksheet for 8 minutes.
4. Each group will write their output on manila paper and present for 3 minutes.
Use the attached rubric in grading the students

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
G. Finding practical Activity : Problem Solving
applications of concepts Have the students to solve this problem:
and skills in daily living Note: Solutions should be presented.

Find the maturity value and the compound interest if Php10, 000.00 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

(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

H. Making generalizations
and abstractions about the
lesson
I. Evaluating Learning
I. Additional activities for
application and/or
remediation
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?
Ask the students what was the lesson all about. Encourage them to ask questions related to the lesson presented.
Activity: Oral Recitation
Have the learners answer these questions.
1. How did you find the problem in your group activity?
2. How did you come up with your answers?
3. Did this problem happen in your family?
4. How did you come up with a solution to the problem?
Group Assignment
Directions:
1. Divide the class into 5 groups.
2. Assign a leader, interviewer, encoder, time keeper, presenter, and research runner..
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 two weeks from now.
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..
REMARKS
1. No. of learners who
earned 80% on the
formative assessment.

2. No. of learners needing

remediation.
3. Do remedial lessons
work?
No. of learners who have
caught up the lesson.
4. No. of learners who
continue to require
remediation
5. Which of strategies work
well?
Why did this work?
6. What difficulties did I
encounter?
Which principal or
supervisor can help me
solve?
7. What innovation or
localized materials did I
use/discover?
Which I wish to share with
the other teachers?

Prepared by:
JOSEPH ERIC G. BAUTISTA
Teacher