Possible Demo in Business Math

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LESSON PLAN IN GENERAL MATHEMATICS

Grade 11 School San Jose-Litex Senior High School Grade Level 11


Daily Lesson Teacher Richard A. Cepe Learning Area Gen. Mathematics
Plan Teaching Date October 2, 2017 Quarter 2nd

Objectives must be met over the period and connected to the curriculum standards. To meet the objectives,
necessary procedures must be followed and if needed, additional lessons, exercises and remedial activities may be
I. OBJECTIVES done for developing content knowledge and competencies. These are assessed using Formative Assessment
strategies. Valuing objectives support the learning of content and competencies and enable children to find
significance and joy in learning the lessons. Daily objectives shall be derived from the curriculum guides.

The learner demonstrates understanding of the key concepts of simple


A. Content Standard
and compound interests, and simple and general annuities.

The learner is able to investigate, analyze and solve problems involving


B. Performance Standard simple and compound interests and simple and general annuities using
appropriate business and financial instruments.

C. Learning
Competency/Objective LC Code: M11GM-IIa-1
(Write the LC code for The learners should be able to illustrate simple and compound interests.
each)
Content is what the lesson is all about. It pertains to the subject matter that the teacher aims to teach. In the CG,
the content can be tackled in a day.
II. CONTENT
Illustrating Simple Interest and Compound Interest
III. LEARNING RESOURCES
A. References
1. Teacher’s Guide
Pages 159-161
pages
2. Learner’s Materials
pages
3. Textbook pages
4. Additional Materials
from Learning
Resource (LR) portal
B. Other Learning
Resources
IV. PROCEDURES
a. Preparatory Activities
1. Daily Routine
a. Prayer Say: Let’s all stand for a prayer.
Say/Ask: Everyone may be seated now. Good day everyone! How
b. Greetings
are you today?
c. Checking of Say: Who is/are absent today? Let us know them by checking the
Attendance members of each group through their secretary.
d. Checking of Say: Let us check first your assignment if there’s any before moving
Assignment on to the next part of our activity.

Activity 1: “Guess the Word”

(The teacher will select from the class 3 bluffers to give clues for
the jumbled letters and a scorer.)

Directions: Letters of a certain terminology will be flashed on the


screen 3 seconds after the other. The first group to stand up,
holding hands together and shouting the yell of their group will be
given a chance to answer the problem. If the answer is wrong,
other groups can steal. The group that can give the correct answer
earns point corresponding the given value for each problem.
2. Priming
Sample Terminologies:
a. Investment
b. Borrower
c. Lender
d. Bank Deposit
e. Annual Rate
f. Principal Amount
g. Savings Account
h. Maturity Date
i. Simple Interest
j. Compound Interest

b. Lesson Proper
1. Activity Say: The last two terminologies which are simple and compound
interests will be the main focus of our discussion today. We will
illustrate the two types of interests that could help in your
decisions later on particularly in the field of investments.

Activity 2: “I Won! Wow! Winner!”

Directions: Read and understand the situation below. Share your


ideas with your group to finalize your answers to the given
questions below.

Situation: Your group was invited to watch WOWOWIN show in


channel 7. Before the end of the show, your group received
₱10,000. 00. Your group plans to invest the money for 5 years and
divide it after graduation in college. A cooperative group offers 3%
rate per year. A bank offers 3% compounded yearly. Which will
you choose and why?

Follow-up questions:
a. What is the problem all about?
b. What are the possible solutions you will do before deciding
which institution will you choose? List them down.
c. Among this possible solutions, which is the best solution will
you choose? Why?
d. Present any mathematical solution that could be the basis
as comparison for the amount to be invested after 5 years.
Which institution could give a higher gained interest?
Answer the following questions below:
a. How did you find the activity?
b. How did you get the amount of money invested after 5
years using simple interest?
c. What happened to the principal in simple interest and in
2. Analysis
compound interest as the time extended?
d. If two institutions are offering the same rate of interest for a
certain period of time, which do you prefer to use? The one
that offers simple interest or the one that offers a
compound interest? Why?

Below is the actual mathematical solution of our previous situation.


You may use the concept in presenting the solution for other
related situations to illustrate simple and compound interests.

Investment 1: Simple Interest, with annual rate r.


Simple Interest Amount after t years (Maturity
Time (t) Principal (P)
Solution Answer Value)
1 10,000 (0.02)(1) 200 10,000 + 200 = 10,200
2 10,000 (0.02)(2) 400 10,000 + 400 = 10,400
3 10,000 10,000 (0.02)(3) 600 10,000 + 600 = 10,600
4 10,000 (0.02)(4) 800 10,000 + 800 = 10,800
5 10,000 (0.02)(5) 1,000 10,000 + 1,000 = 11,000

3. Abstraction Investment 2: Compound Interest, with annual rate r.


Simple Interest Amount after t years (Maturity
Time (t) Principal (P)
Solution Answer Value)
1 10,000 10,000 (0.02)(1) 200
Comparison of gained
10,000 + 200 = 10,200
2 10,200 10,200 (0.02)(2) 204 interest between two
10,200 + 204 = 10,404
3 10,404 10,404 (0.02)(3) 208.08 10,404 + 208.08 = 10,612.08
investments.
4 10,612.08 10,612.08 (0.02)(4) 212.24 10,612.08 + 212.24 = 10,824.32
5 10,824.32 10,824.32 (0.02)(5) 216.49 Simple Interest (in pesos):
10,824.32 + 216.49 = 11,040.81
11,000 – 10,000 = 1,000
Compound Interest (in pesos): 11,040.81 – 10,000 = 1,040.81
Key Points:
In Simple Interest, principal is constant.
In Compound Interest,
- principal increases regularly
- interest also earns interest
4. Application Activity 3: “Know it Well!”

Directions: Each group will receive a worksheet with situations


written. Discuss and decide with your group the best answer for
the given problem.
Situation:
With a goal of increasing students’ attendance at school’s
intramurals, the student council has decided to invest a portion of
their savings for school decorations. They figure that when the
games are happening that they can decorate the school with
balloons, banners and flyers.
“I think it will help make it a priority for students,” Jeremy said at
the weekly student council meeting.
“It will be a lot of fun too. We could even host a pep rally to help
get the kids charged up,” Candice suggested.
“We put ₱4000 in the bank in the eighth grade. Now that we
are 10th graders that money has been sitting in the bank for two
years at a 4% interest rate,” Jeremy explained.
“I would suggest that we will invest our money to a bank that offers
3.5% interest compounded annually,” Candice proposed.
Question: Do you think Candice has a better idea among them?
Why?
(Please see the attached rubric in scoring the work of the students.)

Solve the problem below:


A ₱4,000 is deposited into a bank account with the annual interest
e. Assessment rate of 8%. Illustrate the computation using simple interest and
compound interest (compounded annually) for 4 years. What is the
difference between the two investments?
f. Additional activities for
Generalize the procedures in finding the simple and compound
application or
interests based on the activities that we have just performed.
remediation

V. Closure “An investment in knowledge pays the best interest.”


Benjamin Franklin

VI. REMARKS
Reflect on your teaching and assess yourself as a teacher. Think about your students’ progress today. What works?
VII.REFLECTION What else needs to be done to help the students learn? Identify what help your instructional supervisors can
provide for you so when you meet them, you can ask them relevant questions.
A. No. of learners who
earned 80% on the
formative assessment
B. No. of learners who
require additional
activities for
remediation.
C. Did the remedial lessons
work? No. of learners
who have caught up with
the lesson.
D. No. of learners who
continue to require
remediation
E. Which of my teaching
strategies worked well?
Why did these work?
F. What difficulties did I
encounter which my
principal or supervisor
can help me solve?
G. What innovation or
localized materials did I
use/discover which I
wish to share with other
teachers?

Prepared by:

RICHARD A. CEPE
Teacher III, SJLSHS

Corroborated by:

___________________ __________________ ____________________

___________________ __________________

Noted by:

_______________________

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