Semi-detailed Lesson Plan

Grade 11 GENERAL MATHEMATICS

M11GM-IIf-3

I OBJECTIVES
At the end of the discussion, students are expected of the following/s:
a. Able to solve problems involving business and consumer loan (amortization, mortgage).
b. Able to calculate and construct a chart to pay off an amortization.
II SUBJECT MATTER
Topic: Solving Problems Involving Business and Consumer Loans
Reference: www.myamortizationchart.com
Materials: laptop, visual aid, chalkboard & chalk, calculator
III PROCEDURE
A. Prayer E. Food for Soul
B. Reminders F. Review
C. Energizer G. Motivation
D. Checking of H. Presentation of the lesson
1. ACTIVITY
a. Group yourselves by 5 then be in one place. This activity will be done for 3 minutes only.
* Combine a peso coin to be handed by the leader and to be recorded by the secretary at the
back portion of the strips.
*Multiply it by 1000.
*Write your answer on the strips and post it on the board.
2. ANALYSIS
Who has the most number of peso coin? Who has a big amount written on the strips?
a. If we are going to combine all that amount written on the strips, how much money do you
have?
b. If we have that amount of money and let those in need to borrow it with an interest rate of
7.5% annually for 5 years in amortize way. What would be your monthly payment? What
would be inside the chart of their payments.

EX: The amount of your money is 20000 with the interest rate of 7.5% annually to paid for 5years.
P=20,000 → amount of money to be paid
r = 7.5% → interest rate (0.075/5=0.00625)
n=5 → total number of payments (5 x 12= 60)
A=? → monthly payment
1+ r
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A=P ¿ by 100000843459808 from CourseHero.com on 03-16-2022 03:30:36 GMT -05:00
This study source was downloaded

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 To get the first interest just PAYMENT A INTEREST PRINCIPAL BALANCE
calculate simple interest. #
I =Pr 20,000
I =20,000 x 0.00625 1 400.76 125.00 275.76 19,724.24
I =125 2 400.76 123.28 277.48 19,446.76
3 400.76 121.54 279.22 19,167.54
Principal = A – interest 4 400.76
= 400.76 – 125 …… 400.76
= 275.76 59 400.76 4.96 395.80 398.18
60 400.76 2.49 398.18 0.00

3. ABSTRACTION
*What you are going to do in order to find the monthly payment of your borrowed money or
loans in amortize way?
* How to find the interest of first payment, second payment, third payment and etc.?
*How to find the principal of the first payment, second payment, third payment and etc.?
* How to find the balance after your payment?
4. APPLICATION
Group yourselves by 4, the activity will be done for 10 minutes only.

If you are going to loan a motorcycle with the original price of P70,000.00 and you’ve made
I
P5,000.00 down payment. Calculate and construct an amortization chart of your monthly payment,
V
when its annual interest is 5% to be paid for two years.

EVALUATION
In a ½ sheet of paper, calculate and construct an amortize chart of your monthly payment when
you are going to apply on housing loan with a down payment of P100,000.00 where in the original price
is P150,000.00. You agreed to pay an interest of 3% for 2years.

V ASSIGNMENT
In 1 whole sheet of paper ask among your family about their loans considering the amount,
interest and number of years to be paid. Then calculate and construct a chart. Then write your
reflection as you do it.

Prepared by
AIZA O. SAGUCOM
TEACHER II
MATALAM NHS-LINAO
NORTH COTABATO

This study source was downloaded by 100000843459808 from CourseHero.com on 03-16-2022 03:30:36 GMT -05:00

https://www.coursehero.com/file/43943130/M11GM-IIf-3docx/
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