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  • Gen Math Learning Activity Sheet

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    ALVIN CHARLES LOPEZ
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    1. The document provides information about simple and compound interest, including definitions and key differences. 2. Simple interest is charged only on the principal amount for a fixed period, while compound interest is charged on the principal and accumulated interest over multiple periods. 3. Compound interest provides higher returns compared to simple interest due to interest being earned on prior interest amounts as well.

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    1. The document provides information about simple and compound interest, including definitions and key differences. 2. Simple interest is charged only on the principal amount for a fixed period, while compound interest is charged on the principal and accumulated interest over multiple periods. 3. Compound interest provides higher returns compared to simple interest due to interest being earned on prior interest amounts as well.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Gen Math Learning Activity Sheet

    Uploaded by

    ALVIN CHARLES LOPEZ
    1. The document provides information about simple and compound interest, including definitions and key differences. 2. Simple interest is charged only on the principal amount for a fixed period, while compound interest is charged on the principal and accumulated interest over multiple periods. 3. Compound interest provides higher returns compared to simple interest due to interest being earned on prior interest amounts as well.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Name: ___________________________________________Grade & Section: _________________

    Subject: General Mathematics Teacher: _____________________________ Score: ___________

    Lesson : Quarter 2 Week 1 LAS 1


    Activity Title : Simple and Compound Interest
    Learning Target : Illustrates simple and compound interests (M11GM-IIa-1)
    : Distinguish simple and compound interests (M11GM-IIa-2)
    Reference(s) : SLM General Mathematics, MELC
    LAS Writer : Grestiffanny Eve Recto-Quibierne

    Simple interest paid or received over a certain Compound interest is interest calculated on the
    period with fixed percentage of the principal initial principal, which also includes all the
    amount that was borrowed or lent. Interest is accumulated interest from previous periods of
    charge only on the principal amount the money.
    Interest is charged as a percent of the principal for a definite period of time.

    Simple Interest VS. Compound Interest


    Levied only on the loan amount or principal Levied on the loan amount and accumulated
    interest
    A small percentage of the principal as agreed A small percentage of principal and cumulative
    between lender and borrower simple interest as mutually agreed

    Steady wealth growth Wealth growth increases at a higher pace due to


    compounding
    less returns compared to compound interest Higher returns compared to simple interest
    Wealth growth is comparatively lower Wealth accumulation will be at a higher rate
    Principal never changes with increased tenure Principal increases as interest compounds and
    gets added to it
    Easy to calculate using the formula Difficult to calculate using the formula

    Activity 1: Distinguish if each statement is a simple or compound interest. Write Simple Interest or
    Compound Interest on the blank space.
    _______________ 1. Principal increases as interest compounds gets added to it
    _______________ 2. Wealth growth is comparatively lower.
    _______________ 3. Interest is charge only on the principal amount.
    _______________ 4. Interest calculated on the initial principal and accumulated interest
    _______________ 5. Steady growth of the interest.
    _______________ 6. Principal increases as interest compounds and gets added to it.
    _______________ 7. Easy to calculate.
    _______________ 8. A small percentage of principal and cumulative simple interest.
    _______________ 9. Difficult to calculate.
    _______________ 10. Principal never changes with increased tenure

    Activity 2: Analyze the given situation. Answer the questions and write your answer on blank space.
    Suppose you have a P20,000 and you plan to save it for 2 years. Bank IPB offers 7% simple interest
    rate per year while bank ODB offers 5% compounded quarterly. Which of the two banks offer simple
    interest? Which one offers compound interest? Which of the two banks will make your savings grow
    faster?
    Box for
    QR code

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