Oro Christian Grace School

MATHEMATICS 10
1st Quarter – PBA #2
Application of Arithmetic Series

Create your realistic savings plan by completing the table below. This plan helps you determine the specific amount you
need to save per week to reach your target amount for a special purpose.
Point/s ANSWERS
___/1 Savings plan for a ___________ iPad pro
Write down a goal that you are saving toward (e.g., trip, gadget, birthday)
___/1 The savings is needed on: one years
Identify the exact date that you need the savings amount.
___/1 Total amount needed: 45000
Figure out the total amount that you need to save.
___/1 Starting weekly savings: 1000
How much will you save at the beginning?
___/1 Amount of increase per week: 500
Suppose your savings follow an arithmetic sequence, how much would
be the weekly increase of your savings?
Write the amount you would save for the first 3 Week 1 = 1000
___/3 weeks: Week 2 =1500
Week 3 = 2000
___/1 If you start saving this week, how many weeks do 12
you have left to save?
Would you reach your target savings if you start this 45000=n/2[2(1000) +(n-1) (500)]
___/3 week? n=12
Justify by showing your computations using the nth Partial Sum S12=12/2[2(1000) +(n-1)(500)]
formula of Arithmetic Sequence.
S12=45000

Answer only 1(either a or b) question that applies to you.

a. If you could reach your target amount on the 54000
specified date you need it, how much more
___/2 money would you have?
b. If you couldn’t reach your target amount on
the specified date you need it, how much do
you still need?
What is the importance of having a financial savings It gives me financial security and financial freedom
___/2 plan to achieve target amount for a special purpose? and reduces stress.