BESTLINK COLLEGE OF THE PHILIPPINES

762 Topaz cor. Sapphire St. Millionaires Village, San Agustin, Novaliches, Quezon City

VISION MISSION
TEACHER: Troyo, Mark N. BCP Senior High School BCP Senior High School is
graduates’ who are equipped with focused on student
STRAND HEAD: Mr. Vincent Carlo T. the knowledge, skills and attitude learning and personal
Garados necessary in their post-secondary accountability, dedicated
education and as member of the to fostering a respectful,
SUBJECT: General Mathematics workforce. committed, and
collaborative
GRADE/SECTION: Grade 11 1101HW environment to
Grade 11 1103P/ 1101P/ 1102P/ maximize student
1101TEM/ 1101HO/ 1101CF/ 1103CF/ learning.
LEARNING PLAN

B C P I. OBJECTIVES • illustrates simple and general annuity

• distinguishes between simple and general annuities. finds the
VISION future value and present value of both simple annuities and general
Bestlink annuities.
College of the • finds the future value and present value of both simple annuities
Philippines is and general annuities.
committed to
provide and II. SUBJECT MATTER
promote modern GENERAL ANNUITIES
and research- TOPIC:
based Textbooks and LMS
curriculum with REFERENCES:
delivery systems White Board, White Board Marker, General Mathematics
geared towards MATERIALS: Textbook, Visual Aids
Excellence.
VALUE: Appreciation and application of using mathematical concepts
in real-world problems.
MISSION
To provide self- III. PROCEDURE TEACHER’S ACTIVITIES STUDENTS’ ACTIVITIES
motivated and
self directed A. Preliminary
individuals who Activities
aim for academic 1. Routine Greetings Student’s Greetings
excellence , God- Prayer Student’s Prayer
fearing , peaceful, Checking of attendance
healthy, Classroom Policy
productive, and
successful
citizens.

2. Review The teacher will ask the students

ATTENDANCE about the last discussion.
Define the Terms below;
M-
Interest - is the cost of borrowing
F- money.
Maturity Value - is the amount to
be paid to the holder of a financial
T=
obligation at the obligation’s
maturity
Present Value - is the current Students listen to their
EVALUATION worth of a future sum of money. Teacher.
RESULT
What is the formula of
Simple Interest
HPS HSO I = Prt
A = P + Prt

Compound Interest
% of A = P (1+r/k) ^nk
passing
 3. Motivation Solve the Given Problem

1.A friend asks to borrow Php

100,000 and agrees to repay it in
2 years with 10% interest. How
much interest will you earn? How
much will your friend pay you?

Solution:
I = Prt
= (100,000) (0.10) (2)
= Php 20,000

A = P + Prt
= 100,000 + 20,000
= Php 120,000

2. Supposedly you deposit Php

50,000 in a Bank paying 7%
interest, compounded Quarterly.
How much will you have in the
account after five years?

Solution:

P = 50,000, r = 0.07, k = 3, N = 5

A = 50,000 (1 + 0.07/3) 5(3)

= 50,000 (1 + 0.07/3) ^15

= Php 70, 668.65

You will have Php 70, 668.65 in
5 years.

4. Presentatio • illustrates simple and

n of general annuity
objectives • distinguishes between
simple and general annuities.
finds the future value and present
value of both simple annuities
and general annuities.
• finds the future value and
present value of both simple
annuities and general annuities.

B. Lesson Proper ANNUITIES. An annuity is a

fixed income over a while.

Example 1: You get P3500

per month for 20 years

A good example is investing

in an apartment if you buy an
apartment unit for P400000
and get an income of P3500
a month for 20 years.
So, we have 3500 x 12 x 20
= P840000.

So, the P400000 you have

today will be P840000 after
20 years because the
money you have now will
be more valuable later.

Example 2: 5% of P3000
The value of an annuity is an
interest rate on a given
annuity.
0.05 x 3000 = 150, so P3000
becomes P3150 after a year

So at 5% interest:

• to go from now to next

year: multiply by 1.05
• to go from next year to
now: divide by 1.05

TYPES OF ANNUITY

Ordinary Annuity – occurs

payments at the end of each
period.

Example: bonds

Annuities Due – occurs

payments at the beginning of
each period. Example: rent
which typically landlords
required their tenant

Simple Annuity - it is where

interest is compounded at the
exact times as the annuity
payments.

An example of a Simple
Annuity is an installment on a
purchase of a car due every
month with interest
compounded monthly

General Annuity - interest is

compounded at times that
are either greater or smaller
than when the annuity
payments are made.

General Annuity is that the

installment purchase of a car
 that is due every month is not
consistent.

C. Application PRESENT VALUE OF

ANNUITY

P = is the value of each

payment
r = is the interest rate per
period, as a decimal
n = is the number of periods.

First, let's have P1000 for

three years example.

The interest rate per year is

5%, so r = 0.05
There are 3 payments, so n =
3, each payment is P1000,
so P = 1000
So, we
have,

FUTURE VALUE OF
ANNUITY

P is the value of each payment

r is the interest rate per period,
as a decimal
n is the number of periods.

Example:
Suppose Mrs. Santos would
like to save P2000 at the end of
each month, for three years, in
a fund that gives 8%
compounded annually. How
much is the amount or future
value of her savings after
three years?
Solution:

P = 2000, r = 0.08, n = 3

So, we
have,

The Future Value is P6492.80

 DEFERRED ANNUITY
It is an ordinary annuity in
which payment is made at some
later date.

A deferred annuity is an
ordinary annuity that does not
begin until a time interval (name
of a deferral period) has passed.

d = number of payment
intervals in the period of
deferral.
P = is an annuity payment
r = is the rate of interest
n = is the number of periodic
payments
t = is the period of delay

Example 1
Determine the size of the loan.
A man doesn't repay his loan
for another two years, at a
rate of $300 every month for
five years. The interest rate is
still 10% per annum
compounded monthly.

Solution:

Deferred Annuity
=

PRESENT VALUE
IV. EVALUATION Students will answer the
1. Find the present value of the given activity.
annuity if we have P4000 for 30
months if the interest rate is
2% per year.
Solution:

P = 4000, r = 0.02, n = 30

we
have,

therefore, after 30 months with

2% interest, P4000 will become
P89585.82.

2. Find the present value of

the annuity if we have P1300
for 40 months if the interest
rate is 1% per year.
Solution:

P = 1300, r = 0.01, n = 40

we
have,

therefore, after 40 months with

1% interest, P1300 will become
P42685.09

3. Find the present value of

the annuity if we have P2000
for 20 months if the interest
rate is 2.5%.
Solution:

P = 2000, r = 0.025, n = 20

we
have,

therefore, after 20 months with

2.5% interest, P2000 will
become P31178.32

FUTURE VALUE

1. To save for his college

graduation, Athena decided to
save P300 at the end of each Students will answer the
month. If the bank pays 0.36% evaluation on a 1 whole
compounded monthly, how sheet of paper.
much will her money be at the
end of 5 years?
Solution:

P = 300, r = 0.036, n = 3

So, we
have,

The Future Value is P19689.48

DEFERRED ANNUITY

1. Daniel deposited a certain

amount of money today and is
supposed to receive five
annual payments of P3000
each. However, the annuity
will start five years from
today, and the applicable rate
of 5%. Calculate the amount
 of money deposited if the
annuity payment is supposed
to be made at the end of each
year.

Deferred Annuity
=

Checked your LMS and answer the

V. ASSIGNMENT AAE, Eval and Assignment on week
13.
Students will answer
their offsite activities.
SENIOR HIGH SCHOOL DEPARTMENT