GRADE 11 School SANTIAGO INTEGRATED NATIONAL HIGH Grade Level 11

SCHOOL
DAILY LESSON
Teacher KIMBERLYN A. GRANZO GENERAL
LOG Learning Area
MATHEMATICS
November 7 –11, 2022
Monday and Wednesday
Teaching Dates and Time 10:50 AM – 1:20 PM | 1:40 PM – 2:00 PM Quarter 2nd
2:00 PM – 3:30 PM | 5:20 PM – 6:50 PM
Friday, 11:30 AM – 6:40 PM

Day 1 (Nov. 7, 2022) Day 2 (Nov. 9, 2022) Day 3 (Nov. 11, 2022)

I. OBJECTIVES
1. Content The learner demonstrates understanding of key concepts of simple and compound interests, and simple and general annuities.
Standards

2. Performance The learner is able to investigate, analyze and solve problems involving simple and compound interests and simple and general
Standards annuities using appropriate business and financial instruments.

3. Most Essential  illustrates simple and compound interests.  computes interest, maturity value, future value,
Learning M11GM-IIa-1 and present value in simple interest and
Competencies/  distinguishes between simple and compound compound interest environment.M11GM-IIa-b-1
Objectives interests. M11GM-IIa-2  solves problems involving simple and compound
 solves problems involving simple and interests. M11GM-IIb-2
compound interests. M11GM-IIb-2
II. CONTENT Simple and Compound Interests and Solving Interest, Maturity, Future, and Present Values in Quiz Day
Problems Involving Simple and Compound Interest Simple and Compound Interests and Solving
Problems Involving Simple and Compound Interest
III. LEARNING
RESOURCES
A. References

1. Teacher’s
Guide pages
 2. Learner’s
Materials pages

3. Textbook Isidro, J.D., Solano, I.P., Mariano, O.G. (2019). Isidro, J.D., Solano, I.P., Mariano, O.G. (2019).
pages DIWA Senior High School Series: General DIWA Senior High School Series: General
Mathematics (2nd Edition). Makati City, Philippines: Mathematics (2nd Edition). Makati City, Philippines:
DIWA Learning Systems Inc. DIWA Learning Systems Inc.
4. Additional ADM-General Mathematics Quarter 2 - Module 1: ADM-General Mathematics Quarter 2 - Module 2:
Materials from Simple and Compound Interests Interest, Maturity, Future, and Present Values in
Learning Simple
Resource (LR)
portal

B. Other Learning
Resources /
Materials

IV. PROCEDURES

A. Reviewing Match Me! Reveal Me! Read and analyze the situation below.
previous Match the terminologies in column B to its definition Let’s Save
lesson or or statement in column A. Your answer should Janice and Jamaica are both senior high school
presenting the reveal an important Filipino value that everyone students. After class the two had a conversation:
new lesson should possess. Janice: Wow, your cellphone is so cool! Is that new?
Jamaica: Thank you! And yes, I just bought it
yesterday.
Janice: Did your mother give you money? What will
you do with your old cellphone?
Jamaica: No, I saved up my allowance to
accumulate enough money to buy this phone. I am
still using my old phone. I will use my new phone for
my social media accounts.
Janice: How much is that?
Jamaica: It is only ₱2,300 but it is already android so
I can download different applications like Tiktok,
Snapchat and games. Therefore, I will not be bored!
Janice: Oh! We are almost the same, I also saved
 ₱2,300 (already) from my allowance.
Jamaica: What (do you plan) will you buy from your
savings?
Janice: My old cellphone is still working, so I think
there is no need for me to buy a new one. It will be
better if I save this money.
Jamaica: But your money might get lost if you will
not spend it?
Janice: I saw from an advertisement in Cooperative
Bank that the minimum amount to open an account
for students is ₱2,000, and they call it Kid Savers.
Jamaica: Is there an advantage if you put the money
on the bank?
Janice: According to the advertisement there will be
2.5% interest in a year. I will use it in my college
education.
B. Establishing a How will you define interest in your own words? 1. What is the dialogue all about?
purpose for the 2. Do you think saving money is important? Explain
lesson your answer.
2. Do you think it is wrong for Jamaica to buy a new
cellphone?
3. What can you say about Janice’s attitude towards
money?
4. How much will Janice save after two years?
5. How do you value education?
C. Presenting Definition of Terms
examples/ Lender or creditor - person (or institution) who
instances of invests the money or makes the funds available.
the lesson Borrower or debtor - person (or institution) who
owes the money or avails of the funds from the
lender.
Origin or loan date - date on which money is
received by the borrower.
Repayment date or maturity date - date on which
the money borrowed or loan is to be completely
repaid.
Time or term (t) - amount of time in years the
money is borrowed or invested; length of time
between the origin and maturity dates.
Principal (P) - amount of money borrowed or
invested on the origin date.
Rate (r) - annual rate, usually in percent, charged
by the lender, or rate of increase of the investment.
Interest (I) - amount paid or earned for the use of
money.
Maturity value or future value (F) - amount after t
years that the lender receives from the borrower on
the maturity date.
Present value - value today for an amount of
money in the future.
Simple Interest ( I s ) - interest that is computed on
the principal. The interest remains constant
throughout the term.
Compound interest( I c ) - interest computed on
the principal and also on the accumulated past
interest, so compound interest is a way to earn
money because you don’t just earn using your
original money, but also the interest you earned.
Also to find the compound interest just deduct the
principal (P) from the computed future value (F) or
in expressions, I c =F−P
Compound Interest: Compounding More Than
Once A Year
Definition of Terms
Frequency of conversion (m) - number of
conversion period in one year
Conversion or interest period - time between
successive conversions of interest
Total number of conversion periods (n)
n = mt = (frequency of conversion) 𝑥 (time in years)
Nominal rate (𝒊𝒎)
- annual rate of interest or interest rate per year
Rate (j) of interest for each conversion period
i (m) annual rate of interest
j= =
m frequency of conversion
D. Discussing Be hospitable and helpful, please! Activity 1 (Simple Interest)
new concepts Read and analyze each item and write the word Read each statement and answer the question that
and practicing GENEROUS if your answer is true and write follows.
new skills #1 HELPFUL if otherwise. These two words will 1. If P = ₱4,500, r = 1.25% and t = 5 years, find the
remind you of Filipino values, to be kind and simple interest.
generous even in the most difficult situation if you a. What formula will be used?
see someone on difficult (false) situation. b. How are you going to express the rate in decimal?
1. Simple interest is computed using the formula c. How much is the simple interest?
Is = Prt. 2. If P = ₱5,000, = 2% and t = 8 mos., find the
2. Compound interest is computed on the principal maturity value.
and also on the accumulated past interests. a. Which formula will you use?
3. An amount of ₱10,000.00 will yield more interest b. How are you going to express the time in years?
if it is invested in a bank that offers a simple c. How much is the maturity value?
interest of 10% annually than a bank that offers a
10% compound interest annually if it will be
invested for three years.
4. Compound interest works best over a short
period of time.
5. A borrower or debtor prefers compound interest
rather than simple interest.
6. In compound interest, the interest from the
previous years also earns interest.
7. It is better to deposit in a bank that offers simple
interest than a bank that offers compound interest.
8. Perma-debt decreases the amount of money
 available on hand to spend in the future.
9. Simple interest computation will always be
based on the original principal.
10. The longer it takes for you to pay a debt the
smaller the interest you pay.
E. Discussing If you are planning to invest, which interest is
new concepts better? Compound interest or simple interest?
and practicing Explain your answer with example provided.
new skills #2
F. Developing Your father asked you about investment and
mastery wanted to know the interest that will be earned if he
(Leads to Formative will invest ₱500,000.00 in a certain bank that offers
Assessment 3) an annual compounding interest of 8% for 5 years.
Activity 2 (Compound Interest)
Read each statement and answer the question that
follows.
1. If P = ₱85,500, and r = 1.25% compounded
monthly for 1 year, find the compound interest.
a. What is the first component that should be
computed?
b. What formula will be used?
c. How much is the maturity value?
d. How will you find the simple interest?
e. How much is the simple interest?
2. If F = ₱50,000 with the rate 1.5% compounded
quarterly for 5 years find the present value and
compound interest
a. Which should be find first present value or
compound interest?
b. How are you going to express the rate in decimal?
c. What formula will you use in finding the present
value?
d. How much is the present value?
e. How will you find the compound interest?
f. How much is the compound interest?
Activity 3. Complete the table by finding the
unknown.
A.
B.
G. Finding A couple with three children are peacefully living in
practical a barangay near the City proper. The husband is a
applications of government employee while the wife is a rug
concepts and sewer. They always remind their children about
skills in daily this: “Bilhin and kailangan at huwag kailanganin
living ang hindi kayang bilhin”. Because of this teaching,
the children open a joint account to a certain
cooperative to have a better investment. The total
amount they earned in selling rugs, was put in their
account in the cooperative to help their parents.
Their total earnings amounting to ₱ 5,000.00 will
Earn an interest rate of 7.5% per year. Help them
to compute for the simple interest earned and
maturity
value, if their money will be invested in 3 years.
Money Matters (Performance Task)
Read and analyze the situation below then answer
the questions that follow.
Suppose you are a regular employee in a finance
company that offers a loan payable through salary
deduction. One of its privileges is availing a loan that
offers a 5% interest compounded annually for 1 to 5
years. You are thinking to apply for a loan but you
wanted to analyze if you can shoulder the monthly
payment. Make a loan schedule and fill up an
application form that will help you decide the amount
of loan that you will make.
H. Making Simple interest paid or received over a certain Writing Synthesis Journal
generalizations period is a fixed percentage of the principal amount Write a synthesis journal from the different activities
and that was borrowed or lent. Compound interest and discussion we had.
abstractions accrues and is added to the accumulated interest
about the of previous periods, so borrowers must pay interest
lesson on interest as well as principal.
I. Evaluating
learning
J. Additional 1. Supposed that a local farmer wants to borrow
activities for money from Landbank of the Philippines to start the
application or organic farming in his one (1) hectare of agricultural
remediation land. The farmer needs ₱ 150,000.00 as start-up
capital. The bank offers him 10% interest rate
compounded annually. Compute for the total
James invested ₱150,000.00 at 2.5% interest
compounded semi – annually. Find the maturity
value if he invests for (a) 4 years? (b) 8 years? (c)
How much is the additional interest earned due to
the longer time?
 amount to be paid every year for 5 years. Show
your answer in tabular form.
V. REMARKS

VI. REFLECTION

1. No. of
learners who
earned 80%
on the
formative
assessment

2. No. of
learners who
require
additional
activities for
remediation.

3. Did the
remedial
lessons
work? No. of
learners who
have caught
up with the
lesson.

4. No. of
learners who
continue to
 require
remediation

5. Which of my
teaching
strategies
worked well?
Why did
these work?

6. What
difficulties did
I encounter
which my
principal or
supervisor
can help me
solve?

7. What
innovation or
localized
materials did I
use/discover
which I wish
to share with
other
teachers?

Prepared by: Checked by: Reviewed by: Noted by:

KIMBERLYN A. GRANZO CHERRY HILL A. CATCALIN JOHN RECK L. NIEPES CECILIA C. PAPA, EdD
Teacher II Teacher II/Key Teacher – Mathematics Teacher III/ SHS Coordinator Principal II