Competency: Solve problems involving simple and compound interests.
Code: M11GM-IIb-2
Objectives:
1. Define compound interest
2. Differentiate simple from compound interest
3. Compute and solve problems involving compound interest
4. Make the best decision in handling certain problem involving money resources.
Activity 1: Pix Mystery Word
1. Group yourselves into 2. Count off.
2. Go to your respective groups and get ready.
3. I will show you a picture guess what it means. Answer as fast as you can orally.
4. The group who gives first the correct answer will receive a point.
5. The group garnered the higher points will be declared as winner.
Picture 1 Picture 2 Picture 3
Picture 4 Picture 5
Activity 2: Together, We Can Solve It!
1
1. I will divide you into four groups. Choose your leader, encoder, time keeper, presenter,
and research runner.
2. Solve problems 1, 2 and 3. Then, answers the questions. (8 minutes)
3. Write your output on manila paper and present to the whole class for 3 minutes.
Suggested Rubric
Category Exceptional Admirable Acceptable Attempted
4 points 3 points 2 points 1 point
Content 90-100% data and 75-89% data and 50-74% data and Below 50% data and
evidences evidences evidences evidences gathered
gathered and gathered and gathered and and presented
presented presented presented
Time Finished on time Finished task after Finished after 1 Did not finish the
management 30 minutes of the hour of the task
given time allotted time
Teamwork Accepts ideas of Accepts most Unwilling to One person does all
others; able to ideas without compromise; the work; 25% of
compromise; negative 50% of the the members work
100% of the comments; able members work on task.
members are on to compromise; on task
task 75% of the
members work on
task
Problem No.1
Arthur borrowed P40,000.00 at 6% simple interest for a period of 1 year. At the end of
one year, how much must he pay? ____________________
Problem No.2
If Arthur did not pay back the loan and the interest by the end of the first year and he
wanted to continue the loan for another year at the same rate, then he would owe P40, 000.00
plus interest incurred during the first year of loan. How much must he pay at the end of the
second year? _____________________
Problem No.3
At the end of the second year, Arthur was not able to pay his loan and the interest again.
The lender gave him another year under the same condition, how much must he pay at the end
of the third year. _______________________
Guide Questions:
1. How did you find the problem?
2. How did you come up with your answers?
3. Did this problem happened in your family?
4. How did you come up with a solution to the problem?
Activity 3: Problem Solving
2
Solve this problem. Show your solution.
Find the maturity value and the compound interest if Php10,000 is compounded annually at an
interest rate of 2% in 5 years.
Given: 10,000 r = 2% 0.02 t= 5 years
Find: (a) maturity value F
(b) compound interest Ic
Activity 4: “MY MOTHER NEEDS ME”
Directions:
1. I will divide you into 5 groups.
2. Assign your leader, interviewer, encoder, time keeper, presenter, and research
runner.
3. Read the given situation.
4. Make a survey report
5. Present the output to the class (power point presentation)
6. Reports should be supported with pictures
7. Submit your output (soft copy, hard copy and power point presentation) after 3 days.
You need a laptop in your educational research. Your mother doesn’t have enough
money to purchase the item. She decides to acquire the said item through a loan which is
offered in your local cooperatives and banks. Help your mother in making a decision on where
to apply for a loan. Conduct a survey of the existing cooperatives, banks and other lending
company in your locality.
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