Semi-Detailed Lesson Plan I. Objectives

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SEMI-DETAILED LESSON PLAN

I. Objectives
At the end of the lesson the learners must be able to:
a. illustrate the Profit associated with principal, interest rate, and
maturity value,
b. derive the formula of Simple Interest into Exact and Ordinary
Interest and exact and Approximate time,
c. solve the Principal, Interest, Rate and Time.

II.Subject Matter:
Topic : Simple Interest
References :Mathematics of Investment
Authors :Chin Uy , Mercurio Elenzano
Materials :Powerpoint presentation

III. Development Activities


A. Daily Routine
1.Prayer
2.Greetings
3.Checking of attendance

B. Review / Drill Activity


The teacher will ask the students about the discussion last meeting and the
students will actively participate in the activity.

C. Motivation
The teacher will present a pictures of bank passbook, electric and water bills,
bank deposits with annual interest through power point presentation as part of the
motivation. The teacher task the students to observe and analyze the given data.
1. How did you analyze the given data?
2. What did you observe in the given data?
D. Presentation of the lesson
In presenting the lesson, a power point presentation will be used. The students should
have an idea about the simple interest.

E. Lesson Proper
The interest is the profit made by a sum of money (Principal) that is invested at an
agreed interest rate for a given period of time. So, we write the formula of Interest in this
form:
I=Prt
The product of the principal, rate and time is equals to Interest.
Where:
I is the symbol used to denote the Simple Interest.
P is the symbol used to denote the principal
r - is the annual interest rate used in the transaction and is expressed in
decimal form
t – is the time in years representing the period when the transaction is in effect.

Using this simple diagram we can easily memorize the formula. When we need to find the
Interest simply use the formula
I = Prt

When we look for Principal , we use the formula


I
P=
rt
When we look for rate , we can use this formula
I
r=
Pt

When we look for time, we can use this formula


I
t=
Pr

When we add the principal and the interest, we called it Maturity Values and
we write it in form of S=P+ I
We use the symbol S to denote the Maturity value. Using the formula
S=P+I (where I = Prt) S=P+Prt (then by factoring) S=P(1+rt)

EXAMPLE 1:
Find the simple interest and the maturity value of a loan of P5000, for 9 months at
12%.
We are going to identify first the given:
P = 5000
r = 12% or 0.12
take note the rate should always be converted into decimal form t = 9 months (since
12 months is the equivalent for 1 year then we simply divide the 9 months to 12 to get
the decimal form.
Using the formula, we are going to substitute the numerical value to the formula.
I = Prt
I = 50000 x 0.12 x 9 or 0.75
I = 450
Then for us to get the maturity value, we simply add the principal amount to the
interest.
S= P + I
S= 5000+450
S= 5450
Therefore, the Interest is equals to 450 and the maturity value is equals to
5450.

EXAMPLE 2:

P35,000 is invested in a financing institution for 18 months at 9%. Find the amount.

Given:
P = 35000
r = 0.09
t = 18 months (or simply divide 18 by 12 months to get exact time)

I = Prt
I = 35000 x 0.09 x 1.5
I = 4725
And for maturity amount, S = P + I
S = 35000 + 4725
S = 39725

EXAMPLE 3:
1
What rate must P 24,500 be invested for 1 years to earn P3750.
2

Given:
P = 24,500
t = 1.5
I = 3750

I
Equation: r =
Pt

3750
r= x 1.5
24500

= 0.1020 or 10.20%

F. GENERALIZATION

The interest is the profit made by a sum of money (Principal) that is invested at an
agreed interest rate for a given period of time. So, we write the formula of Interest in this
form:
I=Prt
The product of the principal, rate and time is equals to Interest.
Where:
I is the symbol used to denote the Simple Interest.
P is the symbol used to denote the principal
r - is the annual interest rate used in the transaction and is expressed in
decimal form
t – is the time in years representing the period when the transaction is in effect.

IV. APPLICATION

The students will have a group activity. The class will be divided into 2 groups.

Group 1 Group 2
Find the ordinary interest and amount. A loan for 23,200 was repaid with
Given: P = 25,000 P 25,080 after 6 months, what rate was
t = 90 days used?
r = 8%

V. ASSIGNMENT
Answer the following.
1. How long will P30,000 earn an interest of P4590 at 12%
2. How long will it take for P 5000 to earn P250 if it is invested at 10

Prepared by:

ANTONIO I. IGNACIO
SHS Teacher 1
Noted:

DENNIS A. FERNANDEZ
Principal II
SEMI-DETAILED
LESSON PLAN
IN
GENERAL MATHEMATICS

Prepared by:
ANTONIO I. IGNACIO
SHS Teacher 1

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