GENERAL MATHEMATICS 11 q2W1

GENERAL MATHEMATICS 11
INTRODUCTION
Quarter and Week No.: Q2, W1
Activity Title: Simple and Compound Interest
Learning Targets: 1. illustrate simple and compound interest.

2. distinguishes between simple and compound interests.
3. Evaluate simple and compound interest
Content Developer: RONEL N. ESTO

T-II
Content Creator:
Illustrator/s:
Evaluator/s:
Choose the letter of the best answer. Write the chosen letter on a separate sheet of
paper.
1. Express 20% in decimal.
a. 20.0 b. 2.0 c. 0.20 d. 200.00

Review
Concept Digest for Lesson 1

Activity 1. Mario wants to deposit her money P1,000 in a savings account. Two
banks offer 6% interest per year. Complete the tables below and help him which
banks to choose.
Bank A. Simple Interest. Complete the first table that show balance after 10 years with
simple interest.
1. Compare the two banks, which bank gives the greater balance?
2. Which bank should Mario Choose and why?
Activity. Answer My Simple Interest!

1. What is the amount of interest of a loan for P35,000 at 10% simple interest for
7 years?
2. Christie made a loan of P25,000 from a lending company that charges 7%

simple interest. How much must she pay after 3 years?
Example 1. Mrs. Delos Reyes invested P 100,000.00 in a company that

offers 6% interest compounded annually. How much will this investment be
worth at the end of five years?
A= 100,000(1+ 0.06)5
= P133, 822.56
Example 2. Determine the compound amount and interest of P16,500
invested at 13% compounded for 6 years?
A= 16,500(1+.13)6
= 16,500(2.081951752609)
= P34,352.20
Interest = P34,352.20-P16,500
= P17,852.20
Activity. I am Compounded!
1. Peter borrowed P100,000 at 8% compounded annually? How much will
he be paying after 2 years?
2. Ana borrowed Php11,500 from Jane at 9% compounded annually. How
much will Jane receive at the end of 5 years?
Solve the problems below:
1. Suppose you won 20,000 pesos and you plan to invest it for 3 years. A
cooperative group offers 2% simple interest rate per year. A bank offers 2%
compounded annually. Which will you choose and why?” Write your answer
in a separate sheet of paper.
2. Use your learning on simple and compound interests to answer the
following: a. What are some ways to take care of hard-earned money? b.
When it comes to investing, what is better simple or compound interest?
Direction: Now that you are about to complete this module, I’m sure you
may now be able to write your reflections by completing the sentences given
below.
1. I have learned that interest is
___________________________________________.
2. Simple interest is
________________________________________________________.
3. Compound interest is
___________________________________________________.
4. Is there a difference between simple and compound interests? Explain.
5. In terms of investment or loan, it is better to use ________because
__________.
I. Multiple Choice. Choose the letter of the best answer. Write the chosen letter on a separate sheet
of paper.
1. A date on which the money borrowed or loan is to be completely repaid

a. Due date c. Pay day
b. Origin or loan date d. Maturity date
2. ______________ is amount of money borrowed or invested on the origin

date.
a. Rate c. Interest
b. Time d. Principal
3. A store gives only the sale price P120.00 and the discount 25%. What is
the regular price of the item on sale?
a. 165 b. 160 c. 170 d. 175
4. A way of calculating interest that is computed on the principal and also on

the accumulated past interests.
a. Calculator c. Simple interest
b. Percentage d. Compound interest
5. When invested at an annual interest rate of 11%, the amount earned

P11,200 of simple interest in two years. How much money was originally
invested?
a.Php 40,909.09 c. Php 60,909.09
b.Php 50,909.09 d. Php 70,909.09
Reference(s):Oronce (2016). General Mathematics. SLM General Mathematics 11, MELC
Answer Key
Pre test
1.c
2.a
3.a
4.b
5.d
Answer my simple interest

1. 24,500
2. 30, 250
I AM COMPOUNDED
1. 116, 640
2. 17, 694.18
EVALUATION
1. D
2. D
3. B
4. D
5. B

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GENERAL MATHEMATICS 11

Activity Title: Simple and Compound Interest

Learning Targets: 1. illustrate simple and compound interest.

Content Developer: RONEL N. ESTO

1. Express 20% in decimal.

a. 20.0 b. 2.0 c. 0.20 d. 200.00

Concept Digest for Lesson 1

2. Which bank should Mario Choose and why?

Concept Digest for Lesson 2

Activity. Answer My Simple Interest!

2. Christie made a loan of P25,000 from a lending company that charges 7%

Concept Digest for Lesson 3

Example 1. Mrs. Delos Reyes invested P 100,000.00 in a company that

Solve the problems below:

1. A date on which the money borrowed or loan is to be completely repaid

2. ______________ is amount of money borrowed or invested on the origin

4. A way of calculating interest that is computed on the principal and also on

5. When invested at an annual interest rate of 11%, the amount earned

Reference(s):Oronce (2016). General Mathematics. SLM General Mathematics 11, MELC

Answer my simple interest

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