PLANNING Yes LEARNING ESSION

Mg Victor Alegre Freyre

UNIT 3
Grade: Fourth Duration: 2 pedagogical hours SESSION NUMBER
MONDAY JULY 3
YO. TITLE OF THE SESSION
Modeling situations with Compound Interest

II. EXPECTED LEARNING

COMPETENCE CAPABILITIES INDICATORS
 Examines proposals for simple and
compound interest models that involve
Mathematize situations
extrapolating data to make profit
ACT AND THINK predictions.
MATHEMATICALLY IN  Adapts and combines heuristic
QUANTITY strategies, graphic resources and others
Develop and use strategies
to solve problems related to simple and
SITUATIONS
compound interest rates.
 Justify procedures and differences
Reason and argue between simple and compound interest.

III. DIDACTIC SEQUENCE

Start: (20 minutes)
 The teacher welcomes the students, reviews some tasks from the previous class and asks his
students to share the most frequent errors or difficulties they had to face in the development.
Write down these difficulties and address the most notable ones.

Development: (50 minutes)

 The teacher provides the following information for students to take into account when solving
the activities presented in Annex 1.

In compound interest, the interest earned - in each period - is never the same, it changes.
This is because said interest is added to the capital. In this way, the amount ( M t ) -at the
end of each period (t)- becomes the new capital. In the next period, this new capital will
t
earn interest at the same rate (i). M t =C (1+ i)

In compound interest, the interest earned is periodically added to the principal and earns
interest at the same rate.

 The teacher invites the students to watch the video “Simple vs. compound interest”, which can
be found at the following link https://www.youtube.com/watch?v=E5UUY5oVQhM (see only
 on the tab
 in the resolution of the activities presented in Annex 1.
Closing: (20 minutes)

o How is compound interest calculated?

o What variables does compound interest depend on?
o Considering an annual compound interest rate, in what
units should time be?
o In what situations is compound interest more
convenient? In which is simple interest suitable?
 The teacher promotes reflection in students through the following questions:
- Describes the strategy used to develop the activities.
- What are the differences between simple and compound interest?
- What will the topic worked on be used for?
IV. TASK TO WORK AT HOME
 The teacher asks the students to investigate:
- The different capitalization periods that can occur in compound interest.
- The compound interest formula for different compounding periods.
- Compound interest calculator websites available on the internet .

V. MATERIALS OR RESOURCES TO USE

- Ministry of Education. School textbook Mathematics 4 (2012) Lima: Editorial Norma SAC
- Calculator, activity sheets.
- Flipcharts, cardboard cards, papers, chalk and blackboard.
- https://www.youtube.com/watch?v=E5UUY5oVQhM
 WORKSHOP IN CLASS

Worksheet

Purpose:
Resolves situations by using simple and compound interest models, extrapolates data to make
profit predictions, uses heuristic strategies, justifies its solution procedures.

Group name: Date: …/…/………

Group members:

Activity 1

SIMPLE INTEREST VS COMPOUND INTEREST

During the time they have been carrying out their activities, a civil association managed to raise S/.
10 000. It has been decided to save this money for the future purchase of a good. The board asks
its members to decide where to deposit the money, for which it presents them with two savings
options:

Option 1: Deposit for three years in an account that pays 6% annual simple interest.

Option 2: Deposit for three years in an account that pays 6% interest compounded annually.

Let's help the association make the best decision.

Let's start by reviewing a little theory:

In simple interest , the interest earned - in each period - is always the same,
it does not change. This is because said interest (I) is always calculated on the
initial capital (C). In each period (t), the interest rate (r) is applied, a
percentage to the given capital. I=C . r .t

In compound interest, the interest earned - in each period - is never the same, it changes.
This is because said interest is added to the capital. In this way, the amount
( M t ) -at the
end of each period (t)- becomes the new capital. In the next period, this new capital will
t
earn interest at the same rate (i). M t =C (1+ i)

In compound interest, the interest earned is periodically added to the principal and earns
interest at the same rate.

a. Using the previous information and the data from the initial situation, complete table 1:
 Table 1
Option 1: Option 2:
Simple interest Compound interest
Initial capital 10 000 10 000
Interest earned in year 1
Amount at the end of year 1
Interest earned in year 2
Amount at the end of year 2
Interest earned in year 3
Amount at the end of year 3

b. From the results of the table:

- What can you say about the interest earned each year in the two options?
__________________________________________________________________________
__________________________________________________________________________
What is the growth of simple interest like?
__________________________________________________________________________
__________________________________________________________________________
How does compound interest grow?
__________________________________________________________________________
__________________________________________________________________________
c. Which of the two options would you recommend taking? Justify your answer based on
your knowledge
_______________________________________________________________________
_______________________________________________________________________

Activity 2

Consider the following situation:

a. In order to save for his graduate studies, Julián deposits 6,000 soles for 4 years in a mutual
account that pays 8% interest compounded annually.
Complete the table with the annual savings:

Calculate and complete:

Amount at the end of the first year: M 1 = ___________________ (Suns)

Amount at the end of the second year: M 2 = ___________________ (Suns)

Amount at the end of the third year: M 3 = ___________________ (Suns)

Amount at the end of the fourth year: M 4 = ___________________ (Suns)

 Yeah M t represents the amount accumulated aftert years for a capitalC deposited in
an account that pays ther % of annual compound interest, then:

(
M t =C 1+
r t
)
100 It is the mathematical expression that allows us to find the final
amount in a certain time.

b. Mr. Gómez deposited a sum of money in a savings account that pays 24% interest
compounded annually. If after 8 years your savings amounted to S/. 77280, how much
money did you deposit?

c. Evaluate each proposition and answer the question to obtain the option that benefits the
client.

-A merchant wants to expand his business and to do so he decides to take out a loan.
What interest rate should you access? Justify your answer.
__________________________________________________________________________
__________________________________________________________________________
-The Suarez family has planned to buy an apartment within five years, so they decide to
save. What interest rate should you save with? Because?
__________________________________________________________________________
__________________________________________________________________________
In what situations is the application of simple interest and compound interest convenient?
Use the information in the table below.
__________________________________________________________________________
__________________________________________________________________________
 CHECKLIST
Unit :1

Grade and section : 4th “ “

Examines proposals Adapts and combines Justify procedures

for simple and heuristic strategies, and differences
compound interest graphic resources and between simple and
models that involve others to solve compound interest.
extrapolating data to problems related to
make profit simple and compound
predictions. interest rates.

Use procedures to calculate simple

Calculate the simple interest for a

between simple and compound

calculating compound interest.
determine simple or compound
Use the principal, interest, and

Prepare a comparative table

amount model in compound

Adapt heuristic strategies to

Students

fixed capital at any time.

Explains procedures for

and compound interest
interest situations.

interest rates

interest.
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