School GradeLevel 11

DAILYLESSONLOG Teacher LearningArea GENERAL MATHEMATICS

TeachingDatesandTime Week 12 Quarter SECOND QUARTER

Day 1 Day 2 Day 3 Day 4

I. OBJECTIVES
A. Content Standards Thelearnerdemonstrates understandingof thekeyconceptsofsimple andcompoundinterests, andsimpleandgeneral
annuities.
B. PerformanceStandards Thelearnerisabletoinvestigate,analyzeand solveproblemsinvolving simpleandcompound interestsandsimpleand
generalannuitiesusing appropriatebusinessand financialinstruments.
Solves problem
C. LearningCompetencies/ Solves problem involving
Computesinterest,maturit involving simple and
Objectives simple and compound Solves problem involving
yvalue,futurevalue,and compound interests
WritetheLCcodeforeach interests simple and compound
presentvalueinsimpleinter M11GM-IIb-2 M11GM-IIb-2 interests
estandcompoundinterest
environment. b-2.1. Solves problem M11GM-IIb-2
b-2.2. Solves problem
M11GM-IIb-2 involving simple involving compound interest
interest

II. CONTENT
Solving Simple Interest and
Solving Word Problems on Solving Word Problems on
Compound Interest Solving Word Problems
Compound Interest Simple and Compound Interest
on Simple Interest

III.
LEARNINGRESOURCES
A. References
1.Teacher’sGuide pages 156- 166 156-162 166-162 156-166
2.Learner’s
Materialspages
3.Textbookpages
4.Additional
MaterialsfromLearning
Resource (LR)portal
B. OtherLearningResources

IV. PROCEDURES
A. Reviewing previous Review the steps on how to Recall the formula in Recall the formula in finding Let the students recall how to
lesson or solve simple and compound finding the interest, future the interest, future value and solve word problems on simple
presentingthenew lesson interest based on the value and present value in present value in a compound and compound interest.
 previous lessons.
B. Establishing a In this lesson, we will put
purpose for the together our knowledge in
lesson solving interest, present
value and future value in
simple and compound
interests.
C. Individual Activity
Presentingexampl Each student will be given
es/instancesof meta strip that contains
thenew lesson question to be solve. They
will be given 3 minutes to
solve it.
After the time will be
group together.
a simple interest interest environment.
environment.
We will apply the We will apply the concepts In this lesson, we will put
concepts that the we have that the we have learned on together our knowledge in
learned on the previous the previous lessons on simple solving words problems in
lessons on simple interest interest in solving real life simple and compound interest.
in solving real life situations.
situations.
Allow the students to compare
Let the students discuss the compound amounts and
the steps in solving word the compound interests when
problems. compounded annually, semi-
annually, quarterly and
monthly.
Emphasize that as the
frequency of conversion
periods in a year increases, the
larger the compound interest,
and so, is the compound
amount.
Ask the students to give one
A bank offers 0.25% What is the interest of P25,000 example for simple and
annual simple interest rate if invested at 4.5% compound interests finding the
for a particular deposit. compounded annually in 3 interest, present value and
How much interest will be years and 2 months? future value.
earned if 1 million pesos
is deposited in this savings Find: Ic
account for 1 year? F= P(1+r)t
= (25,000) (1+0.045)3.1667
Given: P = 1,000,000 r = = 28,739.22
0.25% = 0.0025 t = 1 year Ic = F- P
Find: Is Ic = 28,739.22 – 25,000
Is = Prt The interest is P3,739.22.

Once the students are in the
D. Discussing new
group they will share the
conceptsand
problem they have and
practicing new
show to their classmates
skills #1
how they get the correct
answer. If the answer
shown is incorrect the
group will work together to
solve it correctly.
. Answer: The present value is
E. Discussingnew
concepts
andpracticing new
skills #2
= (1,000,000)(0.0025)(1)
= 2,500
What is the present value of Group the students
When invested at an P50,000 due in 7 years if From the problems created let
annual interest rate of 7%, money is worth 10% each group solve 1 problem
an amount earned P11,200 compounded annually? and post their answer on the
of simple interest in two board and share to the class
years. How much money The present value P can be how they solve their assigned
was originally invested? obtained by problem.
Given: r = 7% = 0.07 P =F/(1 + r)t
t = 2 years = 50,000/(1 + 0.1)7
Is = 11,200 = 25,657.91
P25,657.9
Angel deposited P20,000 Find the maturity value and 1. If a sum of money placed at
in a bank that pays 0.5% interest if P10,000 is deposited
a compound interest
simple interest. How in a bank at 2% compounded doublesitself in 5 years, how
much will be her money monthly for 5 years. long will it becomes 8 times
after 6 years? Given: P = 10,000 itself at the same rate of
i(12) = 0.02 interest?
t = 5 years 2. Error analysis
m = 12 Francis wants to know how
Find: (a)F much would he gain after
(b)P investing his P1 875 at a 5.35%
rate for 8 months.
Compute for the interest rate Here is his computation:
in a conversion period by Is= 1 875 (.053) (7)
j =i (12) m Is= 99.375(7)
=0.02 (12) Is = 695.625
= 0.0016 He gained P695.63.
Compute for the total number Is the solution correct?
of conversion periods given by If not, give the correct
n = mt = (12)(5) computation .
= 60 conversion periods.

F.Developingmastery After the students shared
(LeadstoFormativeAssess their correct answer, they
ment3) will show on the board the
questions and the correct
answer so that other groups
can see it. The reporter will
tell the class how they
arrived their answers.
Compute for the maturity
value using
F = P(1 + j)n
= (10,000)(1 + 0.0016)60
= P11,050.79
Answer: The compound
interest is given by
Ic = F −P
= 11,050.79−10,000
= P1,050.79
Group work Group work Think- Pair- Share
Find a partner and solve the
Each group will be given Each group will be given a given problem.
a problem to be solved on problem finding for the
simple interest. After interest, present value and Twenty thousand pesos is
solving they will report to future value in simple interest. deposited in an account that
the class how did they After the group finish solving pays 8% interest. Find the
arrived at their answer. the given problem they will account balance after 8 years if
report to the class how did the interest is calculated as
(a.) What are the amounts they arrive at their answers. follows:
of interest and maturity Solve the given problem. a.) compounded semi- annually
value of a loan for b.) compounded quarterly
P150,000 at 6 1 2% Group 1 c.) simple interest
simple interest for 3 What is the interest of P25,000
years? if invested at 4.5%
compounded annually in 3
(b) At what simple interest years and 2 months?
rate per annum will Group 2
P25,000 accumulate to What amount must be
P33,000 in 5 years? deposited by a 15-year old
student in a bank that pays 1%
(c) How long will P40,000 compounded annually so that
amount to P51,200 if the after 10 years he will have
simple interest rate is at P20,000?

G.Finding Go to various banks (or
practicalapplication their websites) and
sof concepts determine the interest rates
andskillsin on their savings or time
dailyliving deposit accounts.
Based on your research,
experiment with various
investments (e.g., P1,000 or
P5,000 or some other
amount). How will the
investment be worth after
10 years?
H.Making How did you solve the
generalizationsan interest, present value and
d future value of simple and
abstractionsabou compound interests ?
12% per annum?
(d) In order to have
P200,000 in 3 years, how
much should you invest if
the simple interest is
5.5%?
(e) Angel deposited
P20,000 in a bank that
pays 0.5% simple interest.
How much will be her
money after 6 years?
You are investing an
amount at 15% simple
interest for 3 years. If he
intends to have P48 200 at
the end of the term, what
must be your principal ?
How did you solve the
word problems on simple
interest?
Group 3
Find the present value of
P50,000 due in 4 years if
money is invested at 12%
compounded semi-annually
Group 4
Peter is planning to invest
P100,000. Bank A is offering
5% compounded semi-
annually while Bank B is
offering 4.5% compounded
monthly. If he plans to invest
this amount for 5 years, in
which bank should he invest?
Suppose that you have After I deposited P500,000 in a
P80,000. You decided to time deposit were the bank
deposit it on a bank and will offered 5% simple interest, I
not withdraw from it for 10 got P550,000. How long did it
years. A bank offers two types take me to get my money?
of compound interest
accounts. The first account
offers 6% interest
compounded monthly.
The second account offers
6.5% interest compounded
semi-annually.
Which account will you
choose if you want your
money to earn more?
How did you solve the word How did you solve the word
problems on compound problems on simple and
interest? compound interests?
 t thelesson

I. Evaluatinglearning Answer the following Solve the following problems. Solve the following problems.
A. Simple Interest problems honestly.
1. Find the compound interest 1. Nora is thinking of investing
1. What is interest and due in 8 years if P28 200 is an amount of P30,000 for 2 ½
maturity value of a loan invested at 10% compounded years. Find the future value
for P150,000.00 at 6.5% quarterly? based on the following
simple interest for 3 investments:
years? 2. Find the future value of a.) Simple interest of 8.5%
2. At what simple interest P12,000 at the end of 5 years b.)8.5% compounded annually
rate per annum will and 6 months at 8% c.). Which investment is
B. Compound Interest P25,000.00 accumulate to compounded semi-annually. better? Justify your answer.
P33,000.00 in 5 years.
3. Mr. Seniro invested 3. If P20 600 is invested in 4 2. An amount of P80 000 must
P150,000.00 at 5% for 8 ½ years at 12% compounded be invested to have P 128
years and another monthly, find the present 376.52 after 8 years if money
P150,000.00 at 8% for 5 value. is worth 6% compounded
years. Which investment simple interest semi-annually.
will yield higher interest What amount must be invested
and by how much? at 5% compounded annually to
have P128 376.52 after 8
years?
J.Additional activitiesfor Derive some shortcuts in Solve this challenge question.
application or solving the following
remediation simple interest problems. Marina invested half of her
savings in a bank that paid
1. In how many years simple interest for three 3 years
will money double and receive P500 at an interest.
itself at 12% per She invested the remaining half
annum? in a bank that paid for the same
3 years at the same rate of
2. At what simple interest and receive P605 as an
interest rate will a interest. What is the rate of
sum of money interest annually?
 become four times
of itself in 15
years?

V. REMARKS

VI.REFLECTION
A. No. oflearners
whoearned80% on
theformative
assessment
B. No. oflearners
whorequireadditionala
ctivitiesfor
remediation.
C.
Didtheremediallessons
work?
No. oflearnerswho
havecaughtup
withthelesson.
D. No. oflearners
whocontinuetorequireremed
iation
E.
Whichofmyteachingstra
tegiesworkedwell?Why
didthesework?
F. Whatdifficultiesdid
Iencounterwhichmyprinc
ipalor
supervisorcanhelpmesol
ve?
G.Whatinnovationorlo
calizedmaterialsdidI
use/discoverwhichI
wishtosharewithothe
r teachers?