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    Quarter 2 - Module 3 General Mathematics

    Uploaded by

    Kristine Alcordo
    The document provides information about solving problems involving simple and compound interest: - It discusses the key formulas and steps for calculating simple interest, including the 4-step rule of George Polya. Two sample problems are worked through as examples. - Information is then provided on compound interest, noting the importance of understanding the terms and conditions given. The 4-step rule of George Polya is also outlined for solving compound interest problems. - One sample compound interest problem is shown involving a loan with a 1.89% interest rate compounded semi-annually over 6 years. - The remainder of the document consists of practice problems and activities for students to demonstrate their understanding of solving simple and compound interest applications

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    © All Rights Reserved
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    Quarter 2 - Module 3 General Mathematics

    Uploaded by

    Kristine Alcordo
    3K views8 pages
    The document provides information about solving problems involving simple and compound interest: - It discusses the key formulas and steps for calculating simple interest, including the 4-step rule of George Polya. Two sample problems are worked through as examples. - Information is then provided on compound interest, noting the importance of understanding the terms and conditions given. The 4-step rule of George Polya is also outlined for solving compound interest problems. - One sample compound interest problem is shown involving a loan with a 1.89% interest rate compounded semi-annually over 6 years. - The remainder of the document consists of practice problems and activities for students to demonstrate their understanding of solving simple and compound interest applications

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    The document provides information about solving problems involving simple and compound interest: - It discusses the key formulas and steps for calculating simple interest, including the 4-step rule of George Polya. Two sample problems are worked through as examples. - Information is then provided on compound interest, noting the importance of understanding the terms and conditions given. The 4-step rule of George Polya is also outlined for solving compound interest problems. - One sample compound interest problem is shown involving a loan with a 1.89% interest rate compounded semi-annually over 6 years. - The remainder of the document consists of practice problems and activities for students to demonstrate their understanding of solving simple and compound interest applications

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3K views8 pages

    Quarter 2 - Module 3 General Mathematics

    Uploaded by

    Kristine Alcordo
    The document provides information about solving problems involving simple and compound interest: - It discusses the key formulas and steps for calculating simple interest, including the 4-step rule of George Polya. Two sample problems are worked through as examples. - Information is then provided on compound interest, noting the importance of understanding the terms and conditions given. The 4-step rule of George Polya is also outlined for solving compound interest problems. - One sample compound interest problem is shown involving a loan with a 1.89% interest rate compounded semi-annually over 6 years. - The remainder of the document consists of practice problems and activities for students to demonstrate their understanding of solving simple and compound interest applications

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    11 SENIORHIGH

    DAVAO INSTITUTE OF TECHNICAL EDUCATION, INC

    GENERAL MATHEMATICS
    QUARTER 2
    Module 3 - Solving Problems Involving Simple and Compound
    Interest

    Name:

    Grade and Section:


    Module 3 - Solving Problems Involving Simple and Compound Interest
    For you to begin, consider the previous lesson which is essential in this topic. You already learned that in simple
    interest the basis of computation is the original principal. There are also different formula to be used in finding the
    different components in simple interest and these are the following:

    In solving problems involving simple interest, we can follow the 4 –step rule of George Polya

    In solving the problems, we will use the steps provided.

    1. Mariel deposited ₱ 16,000.00 in a bank that offers a simple interest rate of 1.75%. If she placed the money for 7
    years, how much interest will she earn?

    Explore. 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:

    GENERAL MATHEMATICS | PAGE 1


    2. Janice has a loan with an interest rate of 1.5%. The amount of interest is ₱ 2,250.00 for a period of 3 years. How
    much is her loan?

    Explore. The known values are

    Check. As for checking, the formula in finding the simple interest can be used. Thus, the amount of her loan is ₱
    50,000.00

    Solving Problems Involving Compound Interest


    In choosing the terms, it is important to analyze first the component and the conditions presented so that you can arrive
    at a wise decision. This is also the thing that you must remember in solving problems involving compound interest.
    In solving problems involving compound interest, we can follow the 4 –step rule of George Polya

    Solving the problems we will use the steps provided.

    GENERAL MATHEMATICS | PAGE 2


    1. Jasmin borrowed money from a bank at the rate of 1.89% compounded semi- – annually. If the amount she
    borrowed is ₱ 13,000.00, how much interest will she need to pay at the end of 6 years?

    GENERAL MATHEMATICS | PAGE 3


    GENERAL MATHEMATICS | PAGE 4
    ____________________________________________________

    DAVAO INSTITUTE OF TECHNICAL EDUCATION, INC


    General Mathematics
    LEARNING ACTIVITY SHEET

    Name: ___________________________________________________ Module #: _____________

    Grade and Section: _________________________________________ Score: _______________


    Quarter 2 - Module 2
    Activity 1
    This or That
    Febie is planning to invest her money in a bank. She researched some banks which will make a better offer. She
    narrowed down her choices to these two banks which have the following offers:

    Questions:

    1. What are the factors that Febie can consider in choosing a bank?
    ________________________________________________________________________
    2. What are the differences between the offers made by the two banks?
    ________________________________________________________________________
    3. How much interest is offered by the Insurance Bank? Trust Bank?
    _______________________________________________________________________
    4. If you were Febie, which will you choose between the two banks? Why?
    _______________________________________________________________________
    5. If Febie will invest ₱ 5,000.00, how much will be its maturity value in Insurance Bank? Trust Bank?
    _______________________________________________________________________
    6. If you were Febie, what will be your basis in choosing a bank? Which bank will you choose?
    _______________________________________________________________________

    Activity 2

    Independent Practice 1

    How much did Josie invest if the maturity value is ₱38,500.00 and the simple interest computed is at 1.12% for 6
    years?

    1. What is required in the problem?_________________________________________________________________


    2. What are the given facts?_______________________________________________________________________
    3. Which formula will be used to solve the problem?____________________________________________________
    4. How much is the original investment?_____________________________________________________________

    GENERAL MATHEMATICS | PAGE 5


    ____________________________________________________

    DAVAO INSTITUTE OF TECHNICAL EDUCATION, INC


    General Mathematics
    LEARNING ACTIVITY SHEET

    Name: ___________________________________________________ Module #: _____________

    Grade and Section: _________________________________________ Score: _______________


    Quarter 2 - Module 2

    Activity 3: Making Money Happen

    You are an investor who is aiming to accumulate a money amounting to ₱100,000.00 at the end of
    a specific year. Make plans of the amount to be invested, terms and rate of investment for simple
    interest then choose which between the plans is more realistic for a starting investor.

    Components Plan 1 Plan 2

    Present Value

    Rate

    Time

    Simple Interest

    Maturity Value

    Plan Chosen:________________________________________________________

    Reason for Choice:


    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________

    GENERAL MATHEMATICS | PAGE 6


    ____________________________________________________

    DAVAO INSTITUTE OF TECHNICAL EDUCATION, INC


    General Mathematics
    LEARNING ACTIVITY SHEET

    Name: ___________________________________________________ Module #: _____________

    Grade and Section: _________________________________________ Score: _______________

    Activity 4.

    You wanted to put up a business and are planning to apply for a loan for your starting capital. The
    lending company where you inquire offers Flexi Loan for new entrepreneurs but the type of interest
    to be used is compound interest. Flexi Loan is a program wherein the new entrepreneur will
    propose the term of loan and payment subject for the approval of the management. Suppose you
    are a new entrepreneur, make a proposal for your loan using a compound interest environment.

    GENERAL MATHEMATICS | PAGE 7

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