Detailed Lesson Plan in General Mathematics

(Problem-Based Learning)

• Competency: Solve problems involving simple

and compound interests.
• Code: M11GM-IIb-2
 Objectives:
• Define compound interest
• Differentiate simple from compound interest
• Compute and solve problems involving
compound interest
• Make the best decision in handling certain
problem involving money resources.
Good day
everyone!
Complete the table below using the formula
illustrated on the left.

Is
P r t
 Activity 1:
Pix Mystery Word
 T I M E
E T E C K O I L M
 S A V E
E F I S L N A R V
I N V E S T
I T E V O N S L F
M O N E Y
O YM L L N I L E
I N T E R E S T
T R E S I MC E L N I NH T
 Activity 2: Together, We Can Solve It!
(20 minutes)

Instructions:
1. The learners will be divided into four groups. Assign a leader, encoder,
time keeper, presenter, and research runner.
2. An activity sheet will be distributed to each group.
3. Each group will work on the items in the worksheet.
4. Guide questions are provided in the worksheet to direct the learners in
their learning task.
5. Each group will write their output on manila paper and present 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 gathered evidences evidences evidences gathered
and presented gathered and gathered and and 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 ideas Unwilling to One person does all
others; able to without negative compromise; 50% the work; 25% of the
compromise; 100% comments; able to of the members members work on
of the members are compromise; 75% work on task task.
on task of the members
work on task
 Word Problem
• 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?
_______________________.
 Word Problem
• 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? _____________________
 Word Problem
• 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?__________________.
 Word Problem Translated into a Table
Principal at the Interest Amount
start of the year At end of the year

First Year P 40,000.00 40,000 x 0.06 x 1 = P 2,400.00 P 40,000.00 + P2400.00 =

P42,400.00
Second Year P 42,400.00 42,400.00 x 0.06 x 1 = P 2544.00 P 42,400.00 + P2544.00 =
P44,944.00
Third Year P 44,944.00 44,944 x 0.06 x 1 = P 2,696.64 P44,944.00 + P 2696.64 =
P47,640.64
Compound Interest (Ic )(or
compounding interest) is
interest calculated on the
initial principal and also on
the accumulated interest of
previous periods of a deposit
or loan.
• Maturity Value or Future Value (F) –
amount after t years that the lender
receives from the borrower on the
maturity date.
 FORMULA
Compound Interest = Total amount of
Principal and Interest in future (or
Future Value) less Principal amount at
present (or Present Value)
Ic = F - P
 FORMULA
• Maturity (Future) Value and Compound Interest
(Compounded Annually)
F = P(1 + r)t
where,
P = principal or present value
F = maturity (future) value at the end of the term
r = interest rate
t= term/time in years
IC = compound interest
 Try this!
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
 Solution
Try this!
(a) F = P(1 +r)𝑡
F = (10,000) (1 + 0.02)5
F = 11, 040.81

(b) Ic = F – P
Ic = 11,040.81 – 10,000
Ic = 1, 040.81
Answer: The future value F is Php11,040.81 and the compound interest
is Php1, 040.81.
 Activity 4: Performance Output
“ 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.
Activity 4: Performance Output
You need a laptop in your educational research.

THANK YOU!
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.
Thank you
and
God Bless !