GENERAL MATHEMATICS - QUARTER 2

PERFORMANCE TASK 1

INTEREST BASED ON DIFFERENT PAYMENT SCHEMES

PROJECT TITLE: INTEREST BASED ON DIFFERENT PAYMENT SCHEMES

GOAL:
The students should be able to:
 identify different types of interests;
 present different payment schemes applying concepts on simple and compound
interests;
 justify the advantages and disadvantages of each payment scheme presented.

ROLE: SALES AGENT/BANK TELLER

AUDIENCE: CLIENTS/CONSUMER

SITUATION:
1. the students should work in group of 4-5 members.
2. Each group will be assigned to present different mode of payments in any of the
following business transactions:
a. Opening a Bank Account
b. Purchasing Appliances
c. Purchasing Gadgets (example: laptops, cellphones)
d. Acquiring a Car
Mode of Payments:
a. Having simple interest with the following terms: one year and two years.
b. Having interest compounded monthly, quarterly, and semi-annually for (a) two
years and (b) five years.
3. Justify the advantages and disadvantages of availing each mode of payment presented

PRODUCT: A comparative presentation of different modes of payment in acquiring appliances, gadgets,

Car/ vehicles or having a bank deposit preference.

STANDARD: The performance task will be graded according to the following criteria.
Rubric / Criteria for Grading:
INDICATORS 5 4 3 2 TOTAL
UNDERSTAN The solution The solution The solution The solution 5
DING completely completely addresses did not
addresses all addresses all some but not address
mathematical mathematica all mathematic
components l mathematical al
presented in the components components components
tasks. presented in presented in presented in
the tasks the tasks. the tasks.
with
minimal
errors.

STRATEGIES Uses a very Uses strategy Uses strategy There were so 5

AND efficient and that leads to a that is partially many errors in
PROCEDURES sophisticated solution of the useful, leading mathematical
strategy leading problem but some way procedures that
directly to a with minimal toward a the problem
solution. errors. solution, but not could not be
to a full solution solved.
of the problem.

REASONING Makes a Verifies Present No conclusion 5

mathematically solution conclusions drawn and
relevant and/or without valid evidence of
observations evaluates the evidence of mathematical
and/or reasonableness mathematical reasoning not
connections of the solution reasoning. presented.
supported with but with
the sufficient insufficient
evidence. evidence.

COMMUNICA There is a clear There is an There is an There is no use 5

TION effective appropriate incomplete or mostly
explanation use of accurate explanation, it inappropriate
detailing how mathematical may not be use of
the task is done. representation clearly mathematical
but with presented. terminology
minimal and notation.
errors.

Total Points: 20