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Simple and Compound Interest - M9

This document contains examples and exercises about simple and compound interest. It includes examples of calculating simple interest given the principal, interest rate, and time. It also includes examples of calculating compound interest for investments compounded annually, quarterly, monthly, and examples of solving for unknown values in compound interest word problems. The document provides tables to calculate interest and exercises for students to complete calculating simple and compound interest for various scenarios.

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Sage Juniper'Ashe V. Einsof
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© © All Rights Reserved
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Download as PPTX, PDF, TXT or read online on Scribd
83 views

Simple and Compound Interest - M9

This document contains examples and exercises about simple and compound interest. It includes examples of calculating simple interest given the principal, interest rate, and time. It also includes examples of calculating compound interest for investments compounded annually, quarterly, monthly, and examples of solving for unknown values in compound interest word problems. The document provides tables to calculate interest and exercises for students to complete calculating simple and compound interest for various scenarios.

Uploaded by

Sage Juniper'Ashe V. Einsof
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SIMPLE

AND
COMPOUN
D
INTEREST
GENERAL MATHEMATICS
HOW CAN
THIS
PICTURE
HELP YOU
SOLVE IN
THIS
LESSON?

20XX PRESENTATION TITLE 2


2022 SIMPLE AND COMPOUND INTEREST 3
EXAMPLE:

John invest ₱5000 in a savings account at an annual


interest rate of 7% for 5 years. How much money
did he earned in interest? What is the total amount
of his savings account at this point?

20XX PRESENTATION TITLE 4


EXAMPLE:

Daniella invests ₱8,000 into an account paying an


annual interest rate of 8.7%. How many years will
it take for her to earn ₱4,872 in interest?

20XX PRESENTATION TITLE 5


EXAMPLE:

Marcus invest ₱25,000 into an account paying 8%


annual interest. How many years will it take for his
account to reach ₱43,000?

20XX PRESENTATION TITLE 6


EXAMPLE:

An investment of ₱42,000.00 at 16% simple interest


will yield an interest of ₱33,600.00. How long will it
take to accumulate the said interest?

20XX PRESENTATION TITLE 7


EXAMPLE:

Marie invests ₱3,000 into a savings account. In 4


years, she earns a total of ₱768 in interest. What is
the annual interest rate offered by this account?

20XX PRESENTATION TITLE 8


EXAMPLE:

Mrs. Ferrer wants to borrow ₱40,000.00 from Julie.


She is willing to pay back ₱45,000.00 in 8 months.
What interest rate will she pay?

20XX PRESENTATION TITLE 9


EXAMPLE:

If an entrepreneur applies for a loan amounting to


₱500,000 in a bank, the simple interest of which is
₱157,500 for 3 years, what interest rate is being
charged?

20XX PRESENTATION TITLE 10


EXAMPLE:

When invested at an annual interest rate of 7% an


amount earned ₱11,200 of simple interest in two
years. How much money was originally invested?

20XX PRESENTATION TITLE 11


MODULE 9 ACTIVITY 1:SIMPLE INTEREST
Direction: Complete the table by finding the unknown.
PRINCIPAL (p) RATE (r) TIME(t) INTEREST(I)

1. ? 2.5% 4 years ₱1,500

₱36,000 2. ? 1 year 6 months ₱4,860

₱250,000 0.5% 3. ? ₱275

₱500,000 12.5% 10 years 4. ?

₱240,000 6% 6 years 5. ?
20XX PRESENTATION TITLE 12
20XX PRESENTATION TITLE 13
EXAMPLE:

1. ₱40,000 for 120 days at 5%.

2. ₱75,000 for 130 days ay 2.85%.

3. ₱270,000 for 720 days at 7 ½ %.

20XX PRESENTATION TITLE 14


V

2022 SIMPLE AND COMPOUND INTEREST 15


2022 SIMPLE AND COMPOUND INTEREST 16
EXAMPLE:

Find the amount of interest earned from a deposit of


₱80,000.00 for 3 years at 4.25% interest
compounded quarterly.

20XX PRESENTATION TITLE 17


EXAMPLE:
1. ₱40,000 due in 2 years at 3% compounded monthly.

2. ₱60,000 due in 3 years at 4% compounded monthly.

20XX PRESENTATION TITLE 18


A. SOLVE FOR THE EXACT AND ORDINARY INTEREST.

1. ₱800,000 for 240 days at 5.5%.

2. ₱25,000 for 80 days at 6.2%.

3. ₱33,000 for 92 days at 3.3%.


20XX PRESENTATION TITLE 19
B. SOLVE FOR THE FOLLOWING.

1. ₱125,000 due in 30 months at 4 ½% compounded semi-


annually.

2. ₱32,000 due in 18 months at 6% compounded quarterly.

3. ₱1,250,000 due in 3 ½ years at ½ % compounded


annually.
20XX PRESENTATION TITLE 20
20XX PRESENTATION TITLE 21
20XX PRESENTATION TITLE 22
2022 SIMPLE AND COMPOUND INTEREST 23
2022 SIMPLE AND COMPOUND INTEREST 24

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