DAILY School Grade Level 11

LESSON Teacher Learning Area GENERAL MATHEMATICS

LOG Date:
Quarter 2
Time:

I. OBJECTIVES JANUARY 9, 2023 JANUARY 10, 2023 JANUARY 11, 2023 JANUARY 12, 2023

A. Content Standard The learner demonstrates understanding of basic concepts of business and consumer loans.

B. Performance
Standard
The learner is able to decide wisely on the appropriateness of business or consumer loan and its proper utilization

● illustrates business and consumer loans. M11GM-IIf-1

C. Learning
● distinguishes between business and consumer loans M11GM-IIf-2
Competencies
● solves problems involving business and consumer loans (amortization, mortgage). M11GM-IIf-3

Evaluate student’s learning

illustrates business and solves problems involving solves problems involving through printed assessment
consumer loans. M11GM-IIf-1 business and consumer loans business and consumer loans
(amortization, mortgage). (amortization, mortgage).
M11GM-IIf-3
M11GM-IIf-3
● Objectives
distinguishes between business
and consumer loans M11GM-
IIf-2

II. CONTENT
Topic :
Business and consumer loans. Business and consumer loans. Business and consumer loans. Business and consumer loans
III. LEARNING
RESOURCES
A. References

1. Teacher’s Guide General Mathematics Teacher’s General Mathematics Teacher’s General Mathematics General Mathematics Teacher’s
Pages Guide page 237- 248 Guide page 237- 248 Teacher’s Guide page 237- Guide page 237- 248
248
2. Learner’s Material
Pages

3. Textbook Pages

4. Additional
Materials from
Learning
Resources

B. Other Learning TV, laptop, powerpoint

TV, laptop, powerpoint TV, laptop, powerpoint TV, laptop, powerpoint
Resources presentation
presentation presentation presentation
IV. PAMAMARAAN

A. Reviewing previous What are the terms used in Why some of the employee Why some investors invest in Ask students to have a recap on
lesson or presenting efficient market? need to get loan? stocks and bonds? yesterday's topic
the new lesson

B. Establishing a Discuss with the students the Discuss with the students past What are the term used in
purpose for the cost of a college education. Let lesson on paying your loan with business and consumer loan?
lesson Give pointers for the
the students tell some success regular payments on regular
assessment.
stories of how some college intervals of time.
students were able to graduate
because of the parents'
sacrifices, or the students'
dedication by resorting to
having part-time jobs

C. Presenting Tell them that some families Give some examples on real life
 examples/instances choose to borrow money
of the new lesson from the banks or other
lending institutions. Ask the
students if they know how to
borrow money from banks or
other lending institutions. Tell
the students that this will be
the topic of discussion for
this meeting.
D. Discussing new Discuss the following
concepts and examples.
practicing new skill (a) Ms. Capili and her family
#1 wants to open a small cafeteria
near the high school in their
community. She has a good
place for the cafeteria because
she will just use the ground
floor of their two- storey
house. But the family lacks the
capital for starting the
business. They decided to
borrow money from the bank.
(b) Mr. Melwin Canlapan is a
25-year old bachelor who
works in an insurance
company. He wants to buy a
brandnew car. He decided to
apply for an auto loan.
(c) Mr. De La Cruz is a 35-year-
old family man. He owns an
auto-repair shop. He wants to
have another branch for this
business. He decided to borrow
money from the bank for the
situation where they can apply
this in business loans and
consumer loans like car loan,
housing loan, SSS and GSIS
salary loan, credit card cash loan
and others. Tell the students
that once they get a loan, they
should fulll their obligation by
paying regularly
Discuss the following examples.
(a) Mr. Apolto decided to buy a
house and lot for his family. The
loan amounts to P2,500,000. He
amortized the loan by paying
P23,000 monthly for 20 years.
(b) Ms. Salceda bought a car for
P800,000. After deducting the
downpayment, her total loan
amounts to P750,000. She
amortized the loan by paying
P18,000 monthly for 5 years.
(c) Mr. Francisco applied for a
salary loan from his social
security insurance. He got a
P20,000 loan.
To pay for this loan, he has to
pay P1,100 monthly for 2 years.
 expansion of his business.
E. Discussing new Discuss the definition of terms
concepts and to the students
practicing new skill
#2 • Business Loan - money lent
specifically for a business
purpose. It may be used to
start a business or to have a
business expansion
• Consumer Loan - money lent
to an individual for personal or
family purpose
• Collateral - assets used to
secure the loan. It may be real-
estate or other investments
• Term of the Loan - time to
pay the entire loan
Discuss the basics of consumer
loans and business loans to the
students
F. Developing Mastery
G. Finding practical Discuss with the students on
applications of paying loan with regular
concepts & skills in
Discuss the definition of terms
to the students
Amortization Method - method
of paying a loan (principal and
interest) on installment basis,
usually of equal amounts at
regular intervals
Mortgage - a loan, secured by a
collateral, that the borrower is
obliged to pay at specied terms.
Chattel Mortgage - a mortgage
on a movable property
Collateral - assets used to secure
the loan. It may be a real-estate
or other investments
Outstanding Balance - any
remaining debt at a specied time
Solve problems involving Solving problem involving
business or consumer loans consumer loan
Student check their classmates
answers sheets
Discuss the basics of a mortgage Call students randomly to cite
loan to the students. the practical applications of the
assessment.
 daily living. payments on regular intervals
of time. Give some examples
on real life situation where
they can apply this in business
loans and consumer loans like
car loan, housing loan, SSS and
GSIS salary loan, credit card
cash loan and others. Tell the
students that once they get a
loan, they should fulfill their
obligation by paying regularly
H. Making Ask the students to answer the
generalizations & following questions. In
abstractions about Examples 1-5, identify whether
the lesson
the following is a consumer or
business loan.
Seatwork
Seatwork 1. A loan of P200,000
is to be repaid in full after 3
years. If the interest rate is 8%
per annum. How much should
be paid after 3 years? Answer: F
= (1 + j) n = 100, 000,(1 + 0.08)3
= 251, 942.40
Seatwork 2. For a purchase of a
house and lot worth P3,800,000,
the bank requires 20% down
payment, and the mortgaged
amount. Answer: P3,040,000
Seatwork 3. A car dealer oers a
15% down payment for the
purchase a car. How much is the
mortgaged amount if the cash
value of the car is P1,500,000?
Answer: P1,275,000
Seatwork 1. If a condominium Students generalized their
is purchased for P5,700,000 learning by reflecting on their
and the bank requires 30% scores and taking notes
down payment, how much is of the lessons they need to
the mortgaged amount? review/ restudy
Answer: P3,990,000
Seatwork 2. A family obtained
a P1,000,000 mortgage. If the
monthly payment is P38,000
for four years, how much is
the total interest paid?
Answer: P824,000
Seatwork 3. Mr. Canlapan
obtained a 10-year mortgage
for P4,200,000. If his monthly
payment is P39,500 , how
much is the total interest?
Answer: P540,000
I. Evaluating Learning Evaluation Evaluation
(a) Fill in the blank.
Identify the following whether a. A_______ is a loan, secured
it is a business loan or a by a collateral, that the
consumer loan. borrower is obliged to pay at
specified
Pages 239-240 terms. Answer: mortgage
b._________ is a mortgage on a
movable property. Answer:
chattel mortgage
c. A_______ is a mortgage with a
fixed interest rate for its entire
term.
Answer: fixed-rate mortgage
d. The_______ is the lender in a
mortgage. Answer: mortgagee
e. The_______ is the borrower
in a mortgage. Answer:
mortgagor
(b) Solve the following Checking of students’ output
problems completely.
i. A business loan of 800,000 is
to be repaid in full after 2
years. What is the amount to
be paid if the effective rate of
interest is 8%? Answer: F = P(1
+ j) n = 800, 000(1 + 0.08)2 =
933, 120
ii. For the purchase of a farm
worth P2,800,000, the bank
requires 30% down payment,
and the mortgaged amount.
Answer: P1,960,000
iii. If a condominium is
purchased for P1,700,000 and
the bank requires 25% down
payment, how much is the
mortgaged amount? Answer:
P1,275,000
iv. Mr. Sia got a P1,100,000
mortgage. If the monthly
payment is P33,000 for five
years, how much is the total
interest paid? Answer:
P880,000
v. Mr. Yuson obtained a 20-
year mortgage for P2,200,000.
If his monthly payment is
 P18,500 , how much is the
total interest? Answer:
P2,240,000

J. Additional activities
for application or
remediation

V. REMARKS

VI. REFLECTION

a. No. of learners who

earned 80% in the
evaluation
b. No. of learners who
require additional
activities for
remediation who
scored below 80%
c. Did the remedial
lesson work? No. of
learners who
caught up with the
lesson
d. No. of learners who
continue to require
remediation
e. Which of my
teaching strategies
worked well? Why
did this work?
f. What difficulties
did I encounter
which my principal
or supervisor can
help me solve?
g. What innovation or
localized materials
did I use/discover
which I wish to
share with other
teachers?