Lesson Plan in General Mathematics Grade 11
Lesson Plan in General Mathematics Grade 11
Lesson Plan in General Mathematics Grade 11
Content Standard: The learners demonstrate an understanding of key concepts of simple and
compound interest, and simple and general annuities.
Performance Standard: The learners are able to investigate, analyze and solve problems involving
simple and compound interests and simple and general annuities using appropriate business and
financial instruments.
CODE: M11GM-IIa-b-1
I- OBJECTIVE:
At the end of the lesson, the students will be able to compute interest, future value, and
present value in simple interest and compound interest environment.
III- PROCEDURE
Daily Routine: Prayer, Greeting, Checking of Attendance, Uniform, and the learning area
Lesson Proper: Review of past lesson and introduction of a new topic and its objective
Divide the class into 4 groups. Distribute the handouts to each group. The 4 groups are given a
maximum of 5 minutes to discuss and to answer the problem in the handout. After the allotted time of
group activity, the group has the freedom to choose groupmate who will stay in their station to answer
all questions about the problem given to the group. The group will be given 2 minutes to rotate to
other groups to know their problems and answer also.
B) ANALYSIS: Let the students analyze the problem given to them, and give them time to discuss
their individual answer and come up to final answer for the group report.
Group 1 - # 1 and 8
Group 2- #2 and 7
Group 3- # 3 and 6
Group 4- # 4 and 5
1) If the present value of my investment is $1,000 and the rate of interest is 10% compounded
annually, what will the value be after 6 years?
2) How many years will it take to turn $1,000 into $1,500 at 8% compound interest?
3) You have $1,000, and want it to grow to $2,000 in 4 years, what compound interest rate do you
need?
4) Your goal is to have $3,500 in 10 years. The rate of interest is 3% compounded annually, so how
much should you start with?
5) Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
6) Denna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time.
What rate of interest did she pay?
7) Sarina borrowed $5,800 at a simple interest rate of 7½% per year. After a certain number of years,
she had paid $1,305 in interest altogether. How many years was that?
8) Sarina borrowed $5,800 at a simple interest rate of 7½% per year. After a certain number of years,
she had paid $1,305 in interest altogether. How many years was that?
C) ABSTRACTION:
I = interest
P = amount borrowed (called "Principal"), Present Amount
r = interest rate
t = time
F = Future Value
Future Value:
F = P + Prt
FV = PV (1+r)n
n = Number of Periods
Find the Present Value when you know a Future Value, the Interest Rate and number of Periods.
PV = FV / (1+r)n
Find the Interest Rate when you know the Present Value, Future Value and number of Periods.
r = (FV / PV )1/n - 1
Find the number of Periods when you know the Present Value, Future Value and Interest Rate
n = ln (FV / PV) / ln (1 + r)
1) Alex borrowed $2,000 for 2 years at 5% compound interest rate. How much interest is that?
2) If the present value of my investment is $1,000 and the rate of interest is 6% compounded
annually, what will the value be after 10 years?
3) How many years will it take to turn $2,500 into $3,000 at 3½% interest, compounded annually?