SELF-

LEARNI
NGHOMETASK(
SLHT)
Subj
ect
:GENERALMATHEMATI
CS Gr
adeLevel
:11 Quar
ter
2 Week:
1

I
.MELC COMPETENCYCODE
1.I
ll
ustrat
essimpl
eandcompound M11
GMIIa-
1
i
nterest
s. M11
GMIIa-
2
2.Dist
ingui
shesbetweensi
mpl
eand
compoundi nt
erest
s.

Name__________________________Sect
ion___________________Dat
e ________

School
___________________________________Di
str
ict__________________________

I
I.LESSONANDCOVERAGE

LESSON I
NTENDEDLEARNI
NGOUTCOMES

Thel
ear
nermustbeabl
eto:

I
ll
ust
rat
ingSi
mpleand 1
.descr
ibesi
mpl
eandcompoundi
nter
est
;
CompoundInter
est 2.
disti
ngui
shbet
weensi
mpl
eandcompound
i
nterest
.

I
II
.PROCEDURE

A.READI
NGS/
DISCUSSI
ONS

Thi
smodul ei
ntr
oducesmat hematicalconcept
sinbusiness.These
conceptsareessenti
altoreal
-li
feact i
vi
ti
essuchasi nvesti
ngor
borr
owingmoney.Whenyoudeposi tmoneyi nabankorbor r
ow
moneyf r
om anyl endi
nginsti
tut
ions,anamounti schargedforthemoney
deposi
tedobor r
owed.Thisamounti scal
ledi nt
erest
.Int
erestcanbesi mple
orcompound.

Def
ini
ti
onofTer
ms:

1
.Lenderorcredi
tor– person(
ori
nst
it
uti
on)who i
nvest
sthemoneyor
makest
hef
undsavai
labl
e.

2.Bor
rowerorDebt
or– per
son(ori
nst
it
uti
on)whoowest
hemoneyoravai
l
s
oft
hefundsf
rom t
hel
ender.

3.Or
igi
norl
oandat
e– dat
eonwhi
chmoneyi
srecei
vedbyt
hebor
rower
.

4.Repaymentdateormatur
it
ydat
e– dat
eonwhi
chmoneyi
sbor
rowedor
l
oancomplet
elyrepai
d.
 5.Ti
meort erm(t)– amountoft
imei
nyearst
hemoneyi sbor
rowedor
i
nvest
ed,l
engt
hofti
mebetweent
heor
igi
nandmat
uri
tydat
es.

6.Pr
inci
pal
(P)– amountofmoneybor
rowedori
nvest
edont
heor
igi
ndat
e.

7.Rat
e(r)– annualrat
e,usual
l
yinper
cent
,char
gedbyt
hel
ender
,orr
ateof
i
ncr
easeoftheinvest
ment

8.I
nter
est(
I)
– amountpai
dorear
nedf
ort
heuseofmoney.

9.Si
mpl
eI nter
est(
Is)– i
nterestt
hati
scomput edent
ir
elyatoncef
rom t
he
momentthemoneyisborrowedorinvest
ed.

1
0.CompoundInt
erest(
Ic)– i
nteresti
scomput
edont
hepr
inci
palandal
so
ont
heaccumulat
edpastint
erests

1
1.Maturi
tyvalueorfut
ureval
ue(
F)– amountaft
ertyear
s;t
hatt
hel
ender
r
eceivesfr
om theborr
oweront
hematur
it
ydat
e.

I
LLUSTRATI
NGSI
MPLEI
NTEREST

Deposit
ingmoneyi nabanki sli
kelendi
ngmoneytothebankforwhi
chthe
bankpaysi nt
erest
.On the ot
herhand,borr
owi
ng moneyf
rom banksorany
l
endinginsti
tut
ionsr
equi
respaymentofi
nter
est
.

Simpl
ei nt
erestisan int
erestwhich iscomputed ent
ir
elyatonce f r
om the
momentthemoneyi sbor
rowedorinvestedunt
ili
twaspaid.Iti
scalcul
atedonthe
pr
inci
pal
,therate(expr
essedindeci
mal),andti
me( mostl
yexpressedinyears)
.

Exampl
e1.Supposeyouborr
owedP300f r
om af r
iendtodayandpromisedto
ret
urnt
hemoneyaft
er4dayswit
h2%i
nter
estperday.Fi
ndt heamountofmoney
aft
er4days.

2
Sol
uti
on:Change2% todeci
malf
orm: i
s0.
02.Ther
efor
e,2% ofP300i
sP6,
100
t
heint
erestperday.

Day1 Day2 Day3 Day4

300+1 (
6) 300+2(
6) 300+3(
6) 300+4(
6)
300+6 300+12 300+18 300+24

306 31
2 31
8 324

Answer
:Theamountwi
l
lbeP324af
ter4days.

Example 2.
Suppose,P20,
000 wasdeposit
ed at2% int
erestpermont
hfor5
months.Whati
sthetot
alamountofmoneyaft
er5months?

Sol
uti
on:The2% ofP20,
000i
sP400.
 Mont
h1 Mont
h2 Mont
h3 Mont
h4 Mont
h5

20,
400 20,
800 21
,200 21
,600 22,
000

Answer
:Theamountwi
l
lbeP22,
000af
ter5mont
hs.

I
LLUSTRATI
NGCOMPOUNDI
NTEREST
Compoundinteresti
stheint
erestaddedtothepri
ncipal
ofani
nvest
mentoraloan
sothatt
headdedi nt
erestal
soearnsint
erestf
rom t
henon.Thi
saddi
ti
onofi
nterest
tot
heprinci
palamountiscall
edcompoundi ng.

Exampl
e1.Supposeyoubor r
owedP300from afri
endtodayandpr omi
sedto
ret
urnt
hemoneyaf t
er4dayswith2% compoundedint
erestperday.Fi
ndthe
amountofmoneyaf
ter4days.

2
Sol
uti
on:Change2% t
odecimalf
orm: i
s0.
02.Ther
efor
e,2% ofP300i
sP6,
100
t
heint
erestaf
tert
hef
ir
stday.

Day1 Day2 Day3 Day4

300+1 (
6) 306+306(0.
02)
) 31
2.1
2 + 31
8.36+31
8.36(
0.02)
300+6 306+6.
12 31
2.1
2(0.
02) 31
8.36+6.
3672
31
2.1
2+6. 2424
306 31
2.1
2 31
8.36 324.
73

Answer
:Theamountwi
l
lbeP324.
73af
ter4days.

Example2.P20,
000wasdeposi
tedat2% compoundi
nter
estpermont
hfor4
months.

Mont
h1 Mont
h2 Mont
h3 Mont
h4

20,
400 20,
400 + 20,
808 + 21,
224.
16 +21,
224.
16
20,
400(
.02) 20,
808(
0.02) (0.
02)
20,
400+408 20,
808+41 6.
16 21,
224.
16+424.
4832
20,
400 20,
808 21
,224.
16 21
,648.
64

Answer
:Theamountwi
l
lbeP21
,648.
64af
ter4mont
hs.

COMPARI
NGSI
MPLEI
NTERESTandCOMPOUNDI
NTEREST
LNGSupposeyouwonP50,
000andyoupl
ant
oinvesti
tfor4year
s.BankA
of
fers3.
5% si
mpl
einter
estperyear
.BankBof
fer
s3.
5% compoundedannual
l
y.
Whichwoul
dyouchoose?

Sol
uti
on:

ven:P=P50,
Gi 000;r
=3. 035;t
5%=0. =4

BankA:Si
mpl
eInt
erest
,wi
thannual
rat
er
 Ti
me Simpl
eInt
erest Futureval
ueatt heendofthe
(t
) peri
o dorter
m
Pri
nci
pal Sol uti
on Answer
(P)
1 (50,000)
(0.
035)
(1) P1,
750 ( 50,000)
+P1 ,750=P51
,750

2 50,000 (
50,
000)
(0.
035)
(2) P3,
500 (
50,
000)
+P3,
500=P53,
500

3 (
50,
000)
(0.
035)
(3) P5,
250 (
50,
000)
+P5,
250=P55,
250

4 (
50,
000)
(0.
035)
(4) P7,
000 (
50,
000)
+P7,
000=P57,
000

BankB:CompoundI
nter
est
,wi
thannual
rat
er

Ti
me CompoundI
nterest Futur
evalueattheendof
(t
) theperi
odort
erm
Pri
nci
pal Soluti
on Answer
(P)
1 (50,000)(
0.035) P1
,750 50,
000+1
,750=P51
,750

2 (
51,
750)
(0.
035) P1
,81
1.25 51,
750 + 1
,81
1.25=
P53,561
.25
50,000

3 (
53,
561
.25)
(0.
035) P1
,874.
64 53,
561.
25+ 1
,874.
64=
P55,
435.89

4 (
55,
435.
89)
(0.
035) P1
,940.
26 55,
435.89 +1
,940.
26=
P57,
376.1
5

Thet
abl
ebelowshowsthesummaryoft
hecomputati
onssoyoucanmakef
urt
her
compar
isonbet
weensi
mpleandcompoundi
nter
ests.

Si
mpl
eInt
erest CompoundI
nter
est

Pri
ncipal Future Pr i
ncipal Futur
e
at t
he Valueat at the Value at
Per
iod/
Time I
nter
est
beginni
ng the end begi ng I
nni nt
erest theendof
of t
he of t he of the theperi
od
peri
od period per i
od
st
1 year 50,
000.
00 1
,750.
00 51
,750

2ndyear 50,
000 7,
000 57,
000 51
,750.
00 1
,81
1.25 53,
561
.25

3rd year 53,

561
.25 1
,874.
64 55,
435.
89

4thyear 55,
435.
89 1
,940.
26 57,
376.
15
 Basedont het able,theamountgr owsf ast
eri nacompoundi nt
erestthanin
simplei nt
erest
.I n simplei nterest,the principalamountr emains const
ant
throughoutthe investmentterm.I n compound i nt
erest
,the int
erestfrom the
previousyearalsoear nsint
erest.Thei nt
erestfrom thefi
rstyearisaddedt othe
princi
paltogett
hef inalamount.

B.EXERCI
SESFORSKI
LLS/
ANALYSI
SUSI
NGHOTSFORCONTENTSUBJECTS

EXERCI
SE1

Dir
ecti
ons:
Ident
if
yt heter
m(s)being r
efer
red t
oineachst
atement
.Wr
it
eyour
answersi
nasepar ates
heetofpaper
.

1
.Itist
hecostofbor
rowi
ngmoney,wher
ethebor
rowerpaysaf
eet
othel
ender
f
orthel
oan.

2.I
tisaf
ixedper
cent
ageoft
hepr
inci
pal
amountt
hatwasbor
rowedorl
ent
.

3.I
tist
heor
igi
nal
amountofmoneyi
nvest
edorbor
rowed.

4.Itisthe i
nter
estadded to accumulat
ed i
nter
estofpr
evi
ous per
iods,so
bor
rower
spayinterestoni
nter
estaswel
laspri
nci
pal.

5.I
tist
hel
engt
hoft
imewebor
rowori
nvest
edt
hemoney.

EXERCI
SE2

Dir
ections:I
dent
if
yi fthe gi
ven r
eal
-l
if
e sit
uat
ion showssimple orcompound
i
nterest.Wri
teSIi
fitdescri
bessi
mpleint
erestandCIi fcompoundint
erest
.Wr
it
e
youranswersinaseparat
esheetofpaper.

1
.Ti
meDeposi
tAccountofabank.

2.Moneyt
hatdoubl
esaf
ter1
0year
s.

3.CashLoanofP6,
000t
hatbecomesP6,
600af
ter2year
satani
nter
estof5%
peryear
.

4.Savi
ngsDepos
itAccountofabank.

5.Acr
edi
tcar
dunpai
dbal
ance.

EXERCI
SE3

Di
rect
ions:I
l
lust
rat
et hef
oll
owinggi
vensit
uati
onsbycreati
ngat
abl
eofval
ues.
Copyandcompletethegi
ventabl
eonyouranswersheet
s.
1.
)SupposeP55,000wasborr
owedf r
om ABCLendi
ngCompanyat5% i
nter
est
peryearf
or2years.Fi
ndt
heamountaf
tert
woyear
s.

Year1 Year2

2).Suppose P55,000 was borr

owed from ABC Lendi
ng Company at5%
compoundedint
erestperyearf
or2year
s.Findt
heamountaf
tert
woyear
s.

Year1 Year2

C.ASSESSMENT/
APPLI
CATI
ON/
OUTPUTS

I
.Di
rect
ions:Copyandcompl
etet
het
abl
ebel
owonyouranswersheet
.

Pr
inci
pal Rat
e Type of
per i
nter
est
No. Amount year Year1 Year2

Si
mple
I
nter
est
1
. P960 6.
5%
Compound
I
nter
est

Si
mple
I
nter
est
2. P8,360 5.
1%
Compound
I
nter
est
I
I.DI
RECTI
ONS:Answert
hegi
venquest
ions:

1
.Howi
scompoundi
nter
estdi
ff
erentf
rom si
mpl
eint
erest
?

2.Doestheamountofint
erestear
nedineachyeari
ncrease,decr
ease,orstaythe
sameinasimpl
einter
estaccount?Inacompoundint
erestaccount?Expl
ainyour
answer
s.

Ref
erences:

Cri
sologo,L.
,Hao,L.,Pal
omo,E.,Ocampo,S.,Tresval
l
es,R.(201
6).Gener
alMathemati
cs
Teacher’sGuide.Departmentofeducati
on-Bur
eauofLear ni
ngResour
ces,GroundFl
oor
Bonifaci
oBldg.
,DepEdCompl exMeralcoAvenue,PasigCi
ty,Phi
li
ppi
nes1600.Lexi
conPres
sInc.
bl
r.l
rpd@deped.gov.
ph

Fl
ores,M.,Gagani
,RF.
,Ypant
o,Q.
,Aunzo,R.
(201
6).Wor
ktexti
nGener
alMat
hemat
ics.C&E
Publ
ishi
ng,Inc.

Pr
epar
edby:
JOANL.MONACI
LLO

Revi
ewedby:

CLAVELD.SALINAS
Seni
orHi
ghSchool
Divi
si
onCoordi
nat
or
Di
vi
si
onofCebuProvi
nce

GUI
DE

FortheTeacher:Advi
sethestudent
stor eadthereadi
nganddi
scussi
onporti
onbef
orethey
at
temptt oanswerthepr
acti
ceexerci
ses.Goingthr
oughthepar
tssequent
ial
l
ywil
lhel
pthem
underst
andeasi
lyt
hetopi
c.

FortheLear
ner:Readt
hroughtheself
-lear
ninghomet
askf
rom t
hef
ir
stpar
ttot
hel
astpar
t.
Doi
ngso,wil
lhel
pyouunderst
andbet
terthetopi
c.

Fort
heParent
/HomeTut or
:Assi
styourchi
l
dandmakesur ethathe/sher
eadsthesel
f-l
ear
ning
hometaskf
rom begi
nni
ngtoendtoensureproperunder
standi
ngoftheconcept
s.
ANSWERKEY
EXERCI SE1
1.Int
erest
2.Simpleinter
est
3.Princi
pal
4.Compoundi nt
erest
5.Term/ per
iod
EXERCI SE2
1.CI
2.SI
3.SI
4.CI
5.CI
EXERCI SE3
1.
Year1 Year2

57,750 60,
500

2.
Year1 Year2

57,750 60,
637.
50

ASSESSMENT:
I
.
Pr
inci
pal Rate Typeof
No. Amount per i
nter
est Year1 Year2
year
Si
mple P1
,022.
40 P1
,084.
80
1
. P960 6.
5% I
nter
est

Compound P1
,022.
40 P1
,088.
86
I
nter
est

Si
mple P8,
786.
36 P9,
212.
72
2. P8,360 5.
1% I
nter
est

Compound P8,
786.
36 P9,
234.
46
I
nter
est

I
I.(
AnswermayVar
y)