Republic of the Philippines

Department of Education
Schools Division of Cotabato City
CCNHS- ANNEX (DATU SEMA KALANTUNGAN SITE)
Tuan – A – Barakat Tamontaka 4, Cotabato City
MODIFIED DAILY LESSON LOG
(Based on D.O. No. 70 s. 2012, K-12 Basic Education and Result Based Performance Management System and D.O. No. 42 s.2016)

Date: August 20, 2019

Subject: General Mathematics
Grade and Section: 11 - OCHAVO
Time Schedule: 9:50-10:50
I. LESSON OBJECTIVES Compute interest, maturity value, and present value in simple interest environment, and solve problems involving simple
At the end of the lesson, the interest.
students are able to:
II. REFERENCES M11GM-IIa-b-1 and b-2
Topic:
TG/TM pp.:
LM/Textbook pp.:
Materials:
III. PROCEDURES Let the students recall from the previous lesson how to find the interest and maturity value of an amount earning simple
a. ACTIVITY interest. Allow students to present their generalizations or formulas.
b. ANALYSIS 1. What is simple interest? Compound interest?
2. What are the differences between simple and compound interest?
3. How to find simple and compound interest/

c. ABSTRACTION Discuss the procedure/formula in finding simple interest.

An annual simple interest is based on the 3 factors:
a. Principal which is the amount invested or borrowed
b. Simple interest rate, usually expressed in percent
c. Time or term of loan, in years

Annual Simple Interest

Is = Prt
where Is = simple interest
P = principal
r = rate
t = term or time, in years
d. APPLICATION Find the unknown principal P, rate r, time t, and interest I by completing the table.

Principal (P) Rate (r) Time (t) Interest (I)

10,000 8% 15 (1)
(2) 2% 5 10,000
360,000 (3) 2 3,600
500,000 10.5% (4) 175,500
880,000 9.25% 2.5 (5)
IV. ASSESMENT Solve the following problems on simple interest.
1. What are the amounts of interest and maturity value of a loan for P150,000 at 6 12% simple interest for 3 years?
2. At what simple interest rate per annum will P25,000 accumulate to P33,000 in 5 years?
3. How long will P40,000 amount to P51,200 if the simple interest rate is at 12% per annum?
4. In order to have P200,000 in 3 years, how much should you invest if the simple interest is 5.5%?
5. Angel deposited P20,000 in a bank that pays 0.5% simple interest. How much will be her money after 6 years?
V. ASSIGNMENT/AGREEMENT Complete the table by finding the unknown.
Principal (P) Rate (r) Time (t) Interest (I) Maturity Value (F)
60,000 4% 15 (1) (2)
(3) 12% 5 15,000 (4)
50,000 (5) 2 (6) 59,500
(7) 10.5% (8) 157,500 457,500
1,000,000 0.25% 6.5 (9) (10)
Remarks:
No. of students with Mastery
Level:
No. of students needing
remediation:
Teacher’s Note:
REFLECTION: