George Polya’s 4 – Step Rule

SUBMITTED BY:
BERNIE H. CAÑETE JR
GRADE 11- VILLANUEVA (STEM)

SUBMITTED TO:
MR. MART AMELSON O. DIQUIT
PROBLEM

⚫ Dray deposited ₱ 140,000.00 in a

bank that offers a simple interest
rate of 2.44%. If he placed the
money 4 years, how much interest
will he earn?
 1. EXPLORE

⚫ Understand the Problem. After reading and

understanding the problem it will be determined
that the required component is the simple interest
and the following are the known values:

⚫ Principal or Present value (P)- ₱140,000.00

Rate (R)- 2.44 %
Time (T)- 4 years
 2. PLAN

⚫ Devise a Plan. Since the value of simple

interest is required, the formula Is = Prt
will be applied.
 3. SOLVE

⚫ Carry out the plan (solve), is big. This is where you

solve the equation you came up with in your 'devise a
plan' step. Using the formula we will arrive at:

⚫ Is= (140,000)(0.0244)(4)
Is= 13,664.oo
 4. CHECK

⚫ You may be familiar with the expression 'don't look back'.

In problem solving it is good to look back (check and
interpret).. Basically, check to see if you used all your
information and that the answer makes sense. If the
obtained value is any of the given facts, then you obtain the
correct answer. Also make sure that you write your final
answer with the correct labeling.

⚫ F (maturity value) = P(1+rt) F= P+Is

F= 140,000(1+0.024(4)) F= 140,000+13,664
F= 153,664 F= 153,664
Dray earned 13,664.00 interest